IVC Wealth Advisors LLC Lowers Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

IVC Wealth Advisors LLC decreased its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 44.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 143,641 shares of the company’s stock after selling 115,042 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 1.9% of IVC Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position. IVC Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHV. Brighton Jones LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 282.6% in the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock valued at $742,000 after buying an additional 21,031 shares during the period. Revolve Wealth Partners LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after buying an additional 13,925 shares during the period. GAMMA Investing LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 2,553.3% in the 1st quarter. GAMMA Investing LLC now owns 231,770 shares of the company’s stock valued at $6,160,000 after buying an additional 223,035 shares during the period. Chesley Taft & Associates LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $354,000. Finally, Verum Partners LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 27.0% in the 1st quarter. Verum Partners LLC now owns 37,415 shares of the company’s stock valued at $994,000 after buying an additional 7,957 shares during the period.

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

SCHV opened at $29.26 on Friday. The stock has a market capitalization of $13.76 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. The business has a 50-day moving average of $28.59 and a two-hundred day moving average of $27.31. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $29.40.

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.