Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Hits New 12-Month High – What’s Next?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $27.39 and last traded at $27.38, with a volume of 8997 shares. The stock had previously closed at $26.72.

Schwab U.S. Large-Cap Value ETF Stock Up 0.6 %

The company’s fifty day moving average price is $26.65 and its two-hundred day moving average price is $25.60. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in SCHV. Lowery Thomas LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 2.9% during the 3rd quarter. Lowery Thomas LLC now owns 72,648 shares of the company’s stock worth $5,839,000 after acquiring an additional 2,046 shares during the last quarter. Joseph Group Capital Management grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.6% during the third quarter. Joseph Group Capital Management now owns 29,726 shares of the company’s stock valued at $2,389,000 after purchasing an additional 476 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $660,000. Tidemark LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $32,000. Finally, ETF Store Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 3.7% in the 3rd quarter. ETF Store Inc. now owns 13,577 shares of the company’s stock worth $1,091,000 after purchasing an additional 479 shares during the last quarter.

About Schwab U.S. Large-Cap Value ETF

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.