ARS Wealth Advisors Group LLC Has $282,000 Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

ARS Wealth Advisors Group LLC grew its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 89.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,949 shares of the company’s stock after buying an additional 4,710 shares during the quarter. ARS Wealth Advisors Group LLC’s holdings in Schwab 1000 Index ETF were worth $282,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. True Vision MN LLC acquired a new position in shares of Schwab 1000 Index ETF in the 2nd quarter worth approximately $210,000. Creative Planning lifted its holdings in shares of Schwab 1000 Index ETF by 14.8% during the second quarter. Creative Planning now owns 48,746 shares of the company’s stock valued at $2,551,000 after acquiring an additional 6,301 shares during the period. Silver Lake Advisory LLC acquired a new stake in shares of Schwab 1000 Index ETF in the 2nd quarter valued at $1,151,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab 1000 Index ETF by 5.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,890 shares of the company’s stock worth $1,250,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Schwab 1000 Index ETF by 1.4% during the 2nd quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock worth $1,524,000 after purchasing an additional 394 shares in the last quarter.

Schwab 1000 Index ETF Stock Up 1.8 %

NYSEARCA:SCHK opened at $28.69 on Thursday. The firm has a market cap of $1.95 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 12 month low of $22.70 and a 12 month high of $29.54. The company’s 50-day moving average price is $28.81 and its two-hundred day moving average price is $27.61.

About Schwab 1000 Index ETF

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.