Econ Financial Services Corp Increases Position in Schwab US Large-Cap ETF $SCHX

Econ Financial Services Corp raised its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 94.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,136 shares of the company’s stock after purchasing an additional 38,416 shares during the period. Econ Financial Services Corp’s holdings in Schwab US Large-Cap ETF were worth $2,029,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF during the third quarter valued at $26,000. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF during the fourth quarter valued at $29,000. Tidemark LLC boosted its holdings 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 worth $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Acumen Wealth Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $39,000.

Schwab US Large-Cap ETF Trading Down 0.3%

NYSEARCA SCHX opened at $28.79 on Friday. Schwab US Large-Cap ETF has a 12 month low of $24.17 and a 12 month high of $29.95. The stock has a market cap of $69.42 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock’s fifty day moving average price is $28.96 and its 200-day moving average price is $27.57.

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.