Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)’s share price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $34.18 and traded as high as $34.76. Schwab U.S. Large-Cap Value ETF shares last traded at $34.66, with a volume of 3,761,083 shares trading hands.

Schwab U.S. Large-Cap Value ETF Trading Up 2.1%

The firm’s fifty day moving average is $34.18 and its 200 day moving average is $33.20. The company has a market cap of $15.71 billion, a PE ratio of 19.08 and a beta of 0.82.

Institutional Trading of Schwab U.S. Large-Cap Value ETF

Several institutional investors have recently modified their holdings of the stock. Avantax Planning Partners Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $329,751,000. Mather Group LLC. acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth about $257,154,000. Vantagepoint Investment Advisers LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth about $243,975,000. TSG Advice Partners LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth about $38,271,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $20,793,000.

About Schwab U.S. Large-Cap Value ETF

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.