Baker Avenue Asset Management LP Raises Holdings in Schwab US Large-Cap ETF $SCHX

Baker Avenue Asset Management LP increased its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,534,043 shares of the company’s stock after purchasing an additional 90,748 shares during the period. Schwab US Large-Cap ETF makes up about 1.8% of Baker Avenue Asset Management LP’s portfolio, making the stock its 15th biggest position. Baker Avenue Asset Management LP’s holdings in Schwab US Large-Cap ETF were worth $61,932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Crews Bank & Trust purchased a new stake in Schwab US Large-Cap ETF in the second quarter worth about $26,000. Orion Capital Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the 1st quarter worth approximately $27,000. S.A. Mason LLC bought a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $29,000. Moser Wealth Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $32,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in Schwab US Large-Cap ETF during the second quarter valued at approximately $33,000.

Schwab US Large-Cap ETF Stock Up 0.1%

Shares of NYSEARCA:SCHX opened at $27.09 on Friday. The firm has a 50 day moving average of $26.60 and a 200 day moving average of $25.44. The company has a market capitalization of $62.90 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.27.

Schwab US Large-Cap ETF Company 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.