Savvy Advisors Inc. Lowers Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Savvy Advisors Inc. lessened its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 12.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,777 shares of the company’s stock after selling 29,269 shares during the period. Savvy Advisors Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $6,078,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHV. Total Investment Management Inc. bought a new stake in Schwab U.S. Large-Cap Value ETF during the second quarter worth about $41,000. REAP Financial Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $48,000. Caldwell Trust Co bought a new position in Schwab U.S. Large-Cap Value ETF during the second quarter valued at approximately $62,000. Root Financial Partners LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth approximately $91,000. Finally, Traub Capital Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter worth approximately $98,000.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $32.20 on Thursday. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The company has a fifty day moving average of $30.45 and a 200-day moving average of $29.38. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $32.32.

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.