SVRN Asset Management LLC Purchases New Holdings in Schwab US Large-Cap ETF $SCHX

SVRN Asset Management LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,400 shares of the company’s stock, valued at approximately $872,000. Schwab US Large-Cap ETF comprises 0.7% of SVRN Asset Management LLC’s investment portfolio, making the stock its 24th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Schwab US Large-Cap ETF during the third quarter valued at approximately $26,000. Optima Capital LLC acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $29,000. Tidemark LLC raised its stake in Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares in the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $40,000.

Schwab US Large-Cap ETF Stock Up 0.5%

Shares of NYSEARCA SCHX opened at $29.21 on Friday. The stock’s 50 day moving average price is $28.43 and its two-hundred day moving average price is $27.41. Schwab US Large-Cap ETF has a 52-week low of $23.50 and a 52-week high of $29.95. The stock has a market capitalization of $70.44 billion, a P/E ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.