Fisher Asset Management LLC Purchases New Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Fisher Asset Management LLC purchased a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 15,314 shares of the company’s stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in Schwab 1000 Index ETF by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock valued at $315,000 after buying an additional 396 shares in the last quarter. Mather Group LLC. lifted its stake in Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after purchasing an additional 472 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in Schwab 1000 Index ETF by 100.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after purchasing an additional 488 shares in the last quarter. Blue Trust Inc. lifted its stake in Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after purchasing an additional 574 shares in the last quarter. Finally, Breakwater Investment Management lifted its stake in Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after purchasing an additional 587 shares in the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK opened at $27.58 on Friday. The company’s 50 day simple moving average is $28.88 and its two-hundred day simple moving average is $28.29. Schwab 1000 Index ETF has a 1-year low of $23.86 and a 1-year high of $29.65. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 26.34 and a beta of 1.03.

About Schwab 1000 Index ETF

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.