Summit Wealth Group LLC Co. Acquires New Shares in Schwab U.S. Large-Cap Value ETF $SCHV

Summit Wealth Group LLC Co. acquired a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 20,218 shares of the company’s stock, valued at approximately $599,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Sei Investments Co. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after acquiring an additional 1,295,102 shares in the last quarter. Mather Group LLC. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the fourth quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after acquiring an additional 1,023,339 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.2% in the third quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock valued at $485,751,000 after acquiring an additional 518,827 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.3% in the third quarter. Avantax Planning Partners Inc. now owns 10,079,785 shares of the company’s stock valued at $293,423,000 after acquiring an additional 133,585 shares in the last quarter. Finally, Mariner LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.0% in the third quarter. Mariner LLC now owns 8,773,478 shares of the company’s stock valued at $255,390,000 after acquiring an additional 86,064 shares in the last quarter.

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

SCHV stock opened at $32.84 on Thursday. The business has a 50-day moving average price of $31.43 and a 200 day moving average price of $30.66. The company has a market capitalization of $15.37 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1-year low of $26.21 and a 1-year high of $32.90.

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.