L2 Asset Management LLC Acquires 16,323 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

L2 Asset Management LLC increased its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 61.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,731 shares of the company’s stock after purchasing an additional 16,323 shares during the quarter. L2 Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,265,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter worth $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth $38,000. Acumen Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth $47,000. Finally, Arax Advisory Partners bought a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at $52,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.8%

Shares of SCHV opened at $34.76 on Tuesday. The stock has a market capitalization of $16.27 billion, a P/E ratio of 19.08 and a beta of 0.83. The firm’s fifty day simple moving average is $32.69 and its two-hundred day simple moving average is $31.40. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.00 and a 12 month high of $34.88.

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. 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.