Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Reaches New 52-Week High – Here’s What Happened

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) hit a new 52-week high on Friday . The company traded as high as $28.19 and last traded at $28.11, with a volume of 644752 shares changing hands. The stock had previously closed at $28.01.

Schwab U.S. Large-Cap Value ETF Trading Up 0.4 %

The stock has a market capitalization of $4.06 billion, a P/E ratio of 17.88 and a beta of 0.77. The company has a 50-day moving average price of $27.05 and a 200 day moving average price of $25.92.

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

A number of hedge funds have recently modified their holdings of SCHV. Capital Insight Partners LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 1.5% in the third quarter. Capital Insight Partners LLC now owns 9,061 shares of the company’s stock valued at $728,000 after purchasing an additional 131 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 5.8% during the second quarter. Centaurus Financial Inc. now owns 2,573 shares of the company’s stock worth $191,000 after acquiring an additional 140 shares during the period. Whitener Capital Management Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 1.2% during the 2nd quarter. Whitener Capital Management Inc. now owns 12,984 shares of the company’s stock worth $962,000 after purchasing an additional 157 shares during the period. Asset Dedication LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 0.5% during the 2nd quarter. Asset Dedication LLC now owns 32,309 shares of the company’s stock worth $2,393,000 after purchasing an additional 157 shares during the period. Finally, Brighton Jones LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.7% in the 2nd quarter. Brighton Jones LLC now owns 9,543 shares of the company’s stock valued at $707,000 after acquiring an additional 158 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.