Persium Advisors LLC lessened its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Free Report) by 4.6% in the third quarter, Holdings Channel reports. The institutional investor owned 765,306 shares of the company’s stock after selling 36,517 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for about 13.0% of Persium Advisors LLC’s portfolio, making the stock its 4th largest position. Persium Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $25,492,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Baring Financial LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 2.7% during the 3rd quarter. Baring Financial LLC now owns 241,830 shares of the company’s stock worth $8,055,000 after acquiring an additional 6,441 shares in the last quarter. First Community Trust NA increased its position in shares of Schwab U.S. Large-Cap Value ETF by 20.9% in the 3rd quarter. First Community Trust NA now owns 4,335 shares of the company’s stock worth $144,000 after purchasing an additional 750 shares during the last quarter. Horizons Wealth Management acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $28,000. Adelphi Trust Co raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 9.1% in the 3rd quarter. Adelphi Trust Co now owns 29,639 shares of the company’s stock valued at $987,000 after purchasing an additional 2,470 shares in the last quarter. Finally, Eastern Bank bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth about $170,000.
Schwab U.S. Large-Cap Value ETF Stock Performance
Shares of SCHV stock traded down $0.21 during trading hours on Wednesday, hitting $33.58. 3,694,939 shares of the company were exchanged, compared to its average volume of 3,862,457. The stock has a market capitalization of $15.26 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a one year low of $28.29 and a one year high of $35.49. The business’s 50-day simple moving average is $34.41 and its two-hundred day simple moving average is $33.50.
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.
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