Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sets New 1-Year High – Here’s Why

Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) hit a new 52-week high during trading on Thursday . The stock traded as high as $31.12 and last traded at $31.1920, with a volume of 151 shares trading hands. The stock had previously closed at $30.99.

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

The company has a market cap of $14.92 billion, a P/E ratio of 19.08 and a beta of 0.90. The firm’s fifty day moving average is $29.96 and its two-hundred day moving average is $29.13.

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

Institutional investors have recently made changes to their positions in the business. Whitaker Myers Wealth Managers LTD. increased its position in Schwab U.S. Large-Cap Value ETF by 5.9% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 516,823 shares of the company’s stock valued at $15,045,000 after purchasing an additional 28,754 shares during the period. Perigon Wealth Management LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the 3rd quarter. Perigon Wealth Management LLC now owns 601,972 shares of the company’s stock worth $17,523,000 after acquiring an additional 21,895 shares in the last quarter. Courage Miller Partners LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 2.1% during the 2nd quarter. Courage Miller Partners LLC now owns 274,001 shares of the company’s stock worth $7,582,000 after purchasing an additional 5,727 shares during the last quarter. Allworth Financial LP boosted its position in Schwab U.S. Large-Cap Value ETF by 5.2% during the second quarter. Allworth Financial LP now owns 436,697 shares of the company’s stock valued at $12,083,000 after purchasing an additional 21,765 shares in the last quarter. Finally, M3 Advisory Group LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 1.5% in the second quarter. M3 Advisory Group LLC now owns 92,987 shares of the company’s stock worth $2,573,000 after purchasing an additional 1,377 shares in the last quarter.

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.