Alpha Zero LLC Has $20.30 Million Holdings in Schwab US Large-Cap ETF $SCHX

Alpha Zero LLC increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 791,788 shares of the company’s stock after acquiring an additional 30,018 shares during the period. Schwab US Large-Cap ETF comprises 10.3% of Alpha Zero LLC’s investment portfolio, making the stock its 2nd biggest position. Alpha Zero LLC’s holdings in Schwab US Large-Cap ETF were worth $20,301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Corient Private Wealth LLC lifted its stake in Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after acquiring an additional 7,775,179 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $86,562,000. Scarborough Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the first quarter worth $60,491,000. Fund Evaluation Group LLC increased its position in Schwab US Large-Cap ETF by 32.4% during the fourth quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock worth $255,445,000 after buying an additional 2,325,216 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Schwab US Large-Cap ETF by 5.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock worth $775,405,000 after buying an additional 1,616,966 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $29.26 on Tuesday. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95. The stock’s 50-day moving average is $29.35 and its two-hundred day moving average is $27.86. The firm has a market cap of $71.24 billion, a P/E ratio of 25.66 and a beta of 1.00.

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. 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.