Sowell Financial Services LLC Makes New $3.42 Million Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Sowell Financial Services LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 147,417 shares of the company’s stock, valued at approximately $3,417,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cornerstone Planning Group LLC grew its position in Schwab US Large-Cap ETF by 200.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock worth $54,000 after purchasing an additional 528 shares during the last quarter. McClarren Financial Advisors Inc. bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $25,000. Versant Capital Management Inc boosted its holdings in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after acquiring an additional 842 shares in the last quarter. Princeton Global Asset Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after acquiring an additional 867 shares in the last quarter. Finally, IFS Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $30,000.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $22.74 on Monday. The firm has a 50 day simple moving average of $23.63 and a 200-day simple moving average of $23.19. The stock has a market capitalization of $50.94 billion, a PE ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 12-month low of $19.50 and a 12-month high of $24.31.

About Schwab US Large-Cap ETF

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.