Evolution Wealth Management Inc. Decreases Stock Position in Schwab US Large-Cap ETF $SCHX

Evolution Wealth Management Inc. lessened its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 26.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,838 shares of the company’s stock after selling 21,027 shares during the period. Schwab US Large-Cap ETF accounts for approximately 1.1% of Evolution Wealth Management Inc.’s holdings, making the stock its 22nd biggest position. Evolution Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $1,483,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHX. IFC & Insurance Marketing Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new position in Schwab US Large-Cap ETF during the third quarter valued at approximately $26,000. Optima Capital LLC bought a new position in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $29,000. Tidemark LLC grew its holdings in Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares in the last quarter. Finally, Acumen Wealth Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $39,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $29.40 on Friday. Schwab US Large-Cap ETF has a 1 year low of $24.47 and a 1 year high of $29.95. The stock’s 50 day simple moving average is $29.11 and its two-hundred day simple moving average is $27.66. The company has a market cap of $71.56 billion, a price-to-earnings 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.