Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Reaches New 12-Month High – Here’s What Happened

Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $32.90 and last traded at $32.87, with a volume of 2537230 shares changing hands. The stock had previously closed at $32.67.

Schwab U.S. Large-Cap Value ETF Stock Up 0.1%

The firm has a market capitalization of $15.37 billion, a PE ratio of 19.08 and a beta of 0.83. The business has a 50-day moving average price of $31.43 and a 200-day moving average price of $30.66.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $27,000. Ascentis Independent Advisors acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at about $32,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $38,000. Finally, Strategic Wealth Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares during the period.

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.