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

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

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

The stock has a 50 day moving average price of $27.05 and a 200 day moving average price of $25.92. The stock has a market capitalization of $4.06 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

Several institutional investors have recently added to or reduced their stakes in the stock. Tidemark LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $32,000. Olistico Wealth LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth approximately $36,000. Ridgewood Investments LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth approximately $39,000. Valley National Advisers Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 138.8% during the 2nd quarter. Valley National Advisers Inc. now owns 597 shares of the company’s stock worth $44,000 after purchasing an additional 347 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. bought a new position in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth approximately $49,000.

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.