Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 298,474 shares, a drop of 34.4% from the January 15th total of 454,710 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 861,769 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 861,769 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short.
Schwab 1000 Index ETF Stock Down 1.6%
SCHK opened at $32.81 on Friday. The firm has a 50 day moving average price of $33.11 and a 200-day moving average price of $32.27. Schwab 1000 Index ETF has a twelve month low of $23.18 and a twelve month high of $33.62. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 25.42 and a beta of 1.02.
Hedge Funds Weigh In On Schwab 1000 Index ETF
Several hedge funds and other institutional investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp purchased a new stake in shares of Schwab 1000 Index ETF in the 2nd quarter worth $85,000. Vise Technologies Inc. bought a new stake in Schwab 1000 Index ETF during the second quarter valued at about $539,000. Focus Partners Advisor Solutions LLC purchased a new stake in Schwab 1000 Index ETF in the second quarter worth about $263,000. AE Wealth Management LLC raised its stake in shares of Schwab 1000 Index ETF by 753.3% in the second quarter. AE Wealth Management LLC now owns 4,096 shares of the company’s stock worth $122,000 after buying an additional 3,616 shares during the period. Finally, HBK Sorce Advisory LLC raised its stake in shares of Schwab 1000 Index ETF by 13.2% in the third quarter. HBK Sorce Advisory LLC now owns 142,968 shares of the company’s stock worth $4,644,000 after buying an additional 16,694 shares during the period.
Schwab 1000 Index ETF Company Profile
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.
See Also
- Five stocks we like better than Schwab 1000 Index ETF
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for Schwab 1000 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 1000 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
