Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Unusually-High Trading Volume – Still a Buy?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw unusually-high trading volume on Wednesday . Approximately 4,750,801 shares traded hands during mid-day trading, an increase of 325% from the previous session’s volume of 1,116,853 shares.The stock last traded at $25.99 and had previously closed at $26.20.

Schwab U.S. Large-Cap Value ETF Trading Down 0.6 %

The company has a fifty day moving average price of $26.90 and a two-hundred day moving average price of $26.84. The firm has a market capitalization of $11.61 billion, a price-to-earnings ratio of 19.93 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ameriflex Group Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at approximately $25,000. Hollencrest Capital Management increased its stake in Schwab U.S. Large-Cap Value ETF by 200.0% during the fourth quarter. Hollencrest Capital Management now owns 996 shares of the company’s stock worth $26,000 after acquiring an additional 664 shares during the last quarter. First PREMIER Bank raised its position in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock valued at $27,000 after purchasing an additional 690 shares during the period. Guardian Wealth Advisors LLC NC raised its position in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 1,044 shares of the company’s stock valued at $27,000 after purchasing an additional 696 shares during the period. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,161 shares of the company’s stock valued at $30,000 after purchasing an additional 774 shares during 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.