Parallel Advisors LLC Raises Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Parallel Advisors LLC boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 212.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,836 shares of the company’s stock after buying an additional 41,340 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,586,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHV. Mather Group LLC. lifted its stake in Schwab U.S. Large-Cap Value ETF by 197.4% in the 4th quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after purchasing an additional 21,215,739 shares in the last quarter. Avantax Planning Partners Inc. raised its position in shares of Schwab U.S. Large-Cap Value ETF by 200.2% during the 4th quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock valued at $258,819,000 after buying an additional 6,621,242 shares during the period. Gemmer Asset Management LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 206.9% during the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock valued at $109,194,000 after buying an additional 2,823,773 shares during the period. Savant Capital LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 187.3% during the 4th quarter. Savant Capital LLC now owns 3,456,606 shares of the company’s stock valued at $90,114,000 after buying an additional 2,253,597 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. raised its position in shares of Schwab U.S. Large-Cap Value ETF by 212.4% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,877,420 shares of the company’s stock valued at $75,014,000 after buying an additional 1,956,262 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Performance

SCHV stock opened at $26.57 on Wednesday. The firm has a market cap of $11.98 billion, a PE ratio of 19.30 and a beta of 0.95. The firm’s 50 day moving average price is $26.93 and its 200-day moving average price is $26.85. Schwab U.S. Large-Cap Value ETF has a one year low of $23.84 and a one year high of $28.19.

About Schwab U.S. Large-Cap Value ETF

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.