Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Hits New 1-Year High – What’s Next?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $31.02 and last traded at $30.9450, with a volume of 4101996 shares traded. The stock had previously closed at $30.53.

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

The firm has a fifty day moving average of $29.71 and a two-hundred day moving average of $29.01. The stock has a market capitalization of $14.82 billion, a P/E ratio of 19.08 and a beta of 0.90.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Several hedge funds have recently modified their holdings of SCHV. JPL Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $26,000. Keener Financial Planning LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at $34,000. Total Investment Management Inc. purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at $41,000. REAP Financial Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $48,000. Finally, United Financial Planning Group LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth $61,000.

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. 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.