Schwab U.S. Large-Cap Value ETF $SCHV Stock Position Boosted by IFP Advisors Inc

IFP Advisors Inc boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,296 shares of the company’s stock after buying an additional 949 shares during the period. IFP Advisors Inc’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHV. Exchange Traded Concepts LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $30,071,000. World Investment Advisors grew its position in Schwab U.S. Large-Cap Value ETF by 1,943.4% in the 1st quarter. World Investment Advisors now owns 1,102,992 shares of the company’s stock valued at $29,318,000 after buying an additional 1,049,014 shares in the last quarter. Mather Group LLC. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 3.2% during the 1st quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock valued at $876,736,000 after purchasing an additional 1,023,250 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 3.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 16,489,014 shares of the company’s stock valued at $438,278,000 after purchasing an additional 562,331 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 423.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 671,238 shares of the company’s stock valued at $17,842,000 after purchasing an additional 543,091 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 1.8%

NYSEARCA:SCHV opened at $28.46 on Friday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.08 and a twelve month high of $29.40. The company has a 50-day moving average of $28.69 and a 200-day moving average of $27.39. The firm has a market cap of $13.41 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94.

Schwab U.S. Large-Cap Value ETF 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.