345,670 Shares in Schwab US Large-Cap ETF (NYSEARCA:SCHX) Purchased by K2 Financial Inc.

K2 Financial Inc. acquired a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 345,670 shares of the company’s stock, valued at approximately $7,968,000. Schwab US Large-Cap ETF comprises 7.9% of K2 Financial Inc.’s investment portfolio, making the stock its 2nd biggest holding.

A number of other large investors have also modified their holdings of SCHX. Howard Capital Management Group LLC acquired a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $209,000. QRG Capital Management Inc. raised its position in shares of Schwab US Large-Cap ETF by 10.8% during the 3rd quarter. QRG Capital Management Inc. now owns 10,611 shares of the company’s stock worth $720,000 after buying an additional 1,037 shares in the last quarter. D.B. Root & Company LLC raised its position in shares of Schwab US Large-Cap ETF by 1.2% during the 3rd quarter. D.B. Root & Company LLC now owns 374,570 shares of the company’s stock worth $25,415,000 after buying an additional 4,436 shares in the last quarter. Advisors Management Group Inc. ADV raised its position in shares of Schwab US Large-Cap ETF by 1.6% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 41,482 shares of the company’s stock worth $2,815,000 after buying an additional 659 shares in the last quarter. Finally, Ascension Capital Advisors Inc. raised its position in shares of Schwab US Large-Cap ETF by 2.8% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 380,566 shares of the company’s stock worth $25,821,000 after buying an additional 10,215 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 1.9 %

SCHX stock opened at $22.62 on Friday. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The company has a market capitalization of $50.67 billion, a price-to-earnings ratio of 26.64 and a beta of 1.02. The firm’s 50-day moving average is $23.64 and its two-hundred day moving average is $23.17.

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.