Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sets New 1-Year High – Here’s Why

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)’s stock price reached a new 52-week high on Friday . The company traded as high as $27.79 and last traded at $27.79, with a volume of 47943 shares. The stock had previously closed at $27.58.

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

The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The business has a 50-day simple moving average of $26.93 and a two-hundred day simple moving average of $25.83.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Econ Financial Services Corp acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at approximately $721,000. Waverly Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $4,899,000. Vawter Financial Ltd. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 16.2% during the 1st quarter. Vawter Financial Ltd. now owns 6,990 shares of the company’s stock worth $531,000 after purchasing an additional 974 shares during the last quarter. William Howard & Co Financial Advisors Inc acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter worth about $206,000. Finally, Dodds Wealth LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.7% in the 1st quarter. Dodds Wealth LLC now owns 453,926 shares of the company’s stock valued at $34,489,000 after purchasing an additional 24,524 shares during the period.

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.