36,312 Shares in Schwab U.S. Large-Cap Value ETF $SCHV Purchased by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. purchased a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 36,312 shares of the company’s stock, valued at approximately $1,075,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cypress Financial Planning LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $3,254,000. Baring Financial LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth approximately $6,868,000. Compound Planning Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 11.1% during the 3rd quarter. Compound Planning Inc. now owns 2,090,688 shares of the company’s stock worth $60,860,000 after buying an additional 209,251 shares in the last quarter. Secure Asset Management LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 50.4% during the 4th quarter. Secure Asset Management LLC now owns 78,846 shares of the company’s stock worth $2,335,000 after buying an additional 26,414 shares in the last quarter. Finally, BCS Wealth Management boosted its position in Schwab U.S. Large-Cap Value ETF by 84.6% in the 4th quarter. BCS Wealth Management now owns 131,958 shares of the company’s stock valued at $3,907,000 after buying an additional 60,489 shares during the last quarter.

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

Shares of SCHV opened at $34.56 on Friday. The business’s fifty day moving average price is $32.97 and its two-hundred day moving average price is $31.53. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.01 and a 52 week high of $35.05.

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. 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.