Principal Financial Group Inc. Acquires New Position in Schwab U.S. Large-Cap Value ETF $SCHV

Principal Financial Group Inc. bought a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 185,789 shares of the company’s stock, valued at approximately $5,667,000.

Other institutional investors also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth about $27,000. Ascentis Independent Advisors purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter worth about $32,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $38,000. Finally, Strategic Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares during the last quarter.

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

Shares of NYSEARCA SCHV opened at $34.30 on Wednesday. The business has a 50 day simple moving average of $34.10 and a 200 day simple moving average of $32.42. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.39 and a 52 week high of $35.05. The stock has a market cap of $15.80 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82.

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.