Acas LLC Cuts Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Acas LLC lowered its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 29,525 shares of the company’s stock after selling 388 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 2.4% of Acas LLC’s portfolio, making the stock its 14th biggest holding. Acas LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,070,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GAMMA Investing LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $61,000. RWA Wealth Partners LLC lifted its position in Schwab U.S. Large-Cap Value ETF by 184.6% during the fourth quarter. RWA Wealth Partners LLC now owns 97,919 shares of the company’s stock valued at $6,864,000 after purchasing an additional 63,511 shares during the period. Diversified LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the fourth quarter worth approximately $222,000. Summit Wealth & Retirement Planning Inc. grew its position in Schwab U.S. Large-Cap Value ETF by 6.2% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 480,683 shares of the company’s stock worth $33,696,000 after purchasing an additional 28,227 shares during the period. Finally, Rainey & Randall Investment Management Inc. raised its stake in Schwab U.S. Large-Cap Value ETF by 2.5% during the 4th quarter. Rainey & Randall Investment Management Inc. now owns 876,869 shares of the company’s stock valued at $61,469,000 after buying an additional 21,287 shares during the last quarter.

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

Shares of NYSEARCA SCHV traded down $0.68 during midday trading on Thursday, hitting $72.82. 56,063 shares of the stock traded hands, compared to its average volume of 438,274. Schwab U.S. Large-Cap Value ETF has a one year low of $60.99 and a one year high of $76.13. The firm has a market capitalization of $10.52 billion, a P/E ratio of 17.89 and a beta of 0.77. The firm has a 50-day moving average of $73.63 and a two-hundred day moving average of $69.59.

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.