Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Reaches New 52-Week High – Here’s Why

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $30.13 and last traded at $30.1250, with a volume of 245424 shares. The stock had previously closed at $29.90.

Schwab U.S. Large-Cap Value ETF Trading Down 1.1%

The stock’s fifty day moving average price is $29.36 and its 200 day moving average price is $28.80. The stock has a market cap of $14.48 billion, a P/E ratio of 19.08 and a beta of 0.90.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $26,000. Abound Wealth Management increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 993.1% during the second quarter. Abound Wealth Management now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 864 shares in the last quarter. First Community Trust NA bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at $33,000. Keener Financial Planning LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth about $34,000. Finally, Total Investment Management Inc. bought a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth about $41,000.

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

(Get Free Report)

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.

Further Reading

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