93 Financial Group LLC Invests $2.06 Million in Schwab US Large-Cap ETF $SCHX

93 Financial Group LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, Holdings Channel.com reports. The firm purchased 76,464 shares of the company’s stock, valued at approximately $2,058,000. Schwab US Large-Cap ETF makes up 0.9% of 93 Financial Group LLC’s holdings, making the stock its 7th largest position.

A number of other institutional investors have also modified their holdings of SCHX. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new position in Schwab US Large-Cap ETF in the third quarter worth about $26,000. Optima Capital LLC acquired a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $29,000. Tidemark LLC boosted its stake in Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares during the period. Finally, Acumen Wealth Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $39,000.

Schwab US Large-Cap ETF Trading Up 1.0%

Shares of Schwab US Large-Cap ETF stock opened at $29.49 on Friday. The business’s 50 day simple moving average is $28.72 and its 200-day simple moving average is $27.49. The stock has a market capitalization of $71.11 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $23.50 and a twelve month high of $29.95.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.