Schwab U.S. Large-Cap Value ETF $SCHV Position Reduced by Avity Investment Management Inc.

Avity Investment Management Inc. trimmed its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 62.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,931 shares of the company’s stock after selling 98,822 shares during the period. Avity Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Riversedge Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.5% during the third quarter. Riversedge Advisors LLC now owns 80,473 shares of the company’s stock worth $2,681,000 after acquiring an additional 365 shares during the period. Wedmont Private Capital increased its holdings in Schwab U.S. Large-Cap Value ETF by 22.5% during the 3rd quarter. Wedmont Private Capital now owns 46,322 shares of the company’s stock worth $1,566,000 after purchasing an additional 8,500 shares during the period. Chapin Davis Inc. purchased a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth $403,000. Acropolis Investment Management LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $323,000. Finally, Farther Finance Advisors LLC raised its position in Schwab U.S. Large-Cap Value ETF by 38.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 890,366 shares of the company’s stock valued at $29,658,000 after purchasing an additional 247,211 shares in the last quarter.

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

Shares of SCHV stock traded up $0.12 during mid-day trading on Friday, hitting $33.93. The stock had a trading volume of 1,927,772 shares, compared to its average volume of 3,849,506. Schwab U.S. Large-Cap Value ETF has a 12-month low of $28.29 and a 12-month high of $35.49. The firm’s 50-day moving average is $34.40 and its two-hundred day moving average is $33.53. The firm has a market capitalization of $15.42 billion, a P/E ratio of 19.08 and a beta of 0.83.

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.