Pure Financial Advisors LLC Trims Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Pure Financial Advisors LLC lessened its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 89,290 shares of the company’s stock after selling 1,333 shares during the quarter. Pure Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. raised its position in Schwab U.S. Large-Cap Value ETF by 184.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 55,360,772 shares of the company’s stock valued at $1,443,255,000 after purchasing an additional 35,884,431 shares during the period. Sei Investments Co. raised its position in Schwab U.S. Large-Cap Value ETF by 220.7% in the fourth quarter. Sei Investments Co. now owns 38,914,600 shares of the company’s stock valued at $1,014,504,000 after purchasing an additional 26,780,137 shares during the period. Envestnet Asset Management Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 228.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock valued at $415,209,000 after purchasing an additional 11,074,601 shares during the period. Avantax Planning Partners Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 200.2% in the fourth quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock valued at $258,819,000 after purchasing an additional 6,621,242 shares during the period. Finally, Mariner LLC raised its position in Schwab U.S. Large-Cap Value ETF by 199.0% in the fourth quarter. Mariner LLC now owns 7,950,753 shares of the company’s stock valued at $207,275,000 after purchasing an additional 5,291,706 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Down 1.2%

Shares of NYSEARCA SCHV opened at $27.24 on Thursday. The firm has a market cap of $12.35 billion, a price-to-earnings ratio of 19.08 and a beta of 0.89. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $28.19. The business’s 50 day moving average is $26.51 and its two-hundred day moving average is $26.49.

Schwab U.S. Large-Cap Value ETF Company Profile

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.