Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Large Volume Increase

Posted by Teresa Graham on Sep 16th, 2024

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Get Free Report) shares saw strong trading volume on Monday . 376,500 shares changed hands during trading, an increase of 1% from the previous session’s volume of 373,772 shares.The stock last traded at $79.36 and had previously closed at $78.74.

Schwab U.S. Large-Cap Value ETF Trading Up 0.7 %

The company has a market capitalization of $11.45 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The company has a 50 day moving average price of $76.75 and a 200 day moving average price of $75.08.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHV. Sei Investments Co. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.1% during the 2nd quarter. Sei Investments Co. now owns 11,499,907 shares of the company’s stock valued at $851,913,000 after purchasing an additional 553,600 shares in the last quarter. Mather Group LLC. boosted its stake in Schwab U.S. Large-Cap Value ETF by 6.0% in the 2nd quarter. Mather Group LLC. now owns 11,127,954 shares of the company’s stock worth $845,502,000 after purchasing an additional 628,056 shares during the period. Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,023,662 shares of the company’s stock worth $298,073,000 after purchasing an additional 382,380 shares in the last quarter. Gemmer Asset Management LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 4.0% in the 2nd quarter. Gemmer Asset Management LLC now owns 1,337,883 shares of the company’s stock valued at $99,110,000 after purchasing an additional 51,758 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.4% in the second quarter. LPL Financial LLC now owns 1,084,738 shares of the company’s stock valued at $80,357,000 after purchasing an additional 4,493 shares in the last quarter.

About Schwab U.S. Large-Cap Value ETF

(Get Free Report)

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.