Schwab U.S. Large-Cap Value ETF $SCHV is Avantax Planning Partners Inc.’s 2nd Largest Position

Avantax Planning Partners Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,187,907 shares of the company’s stock after purchasing an additional 108,122 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 8.4% of Avantax Planning Partners Inc.’s portfolio, making the stock its 2nd biggest position. Avantax Planning Partners Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $301,664,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPL Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $27,000. REAP Financial Group LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth about $48,000. United Financial Planning Group LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $61,000. Finally, Fifth Third Bancorp increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 508.5% during the fourth quarter. Fifth Third Bancorp now owns 2,209 shares of the company’s stock valued at $65,000 after acquiring an additional 1,846 shares in the last quarter.

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

Shares of SCHV opened at $32.97 on Friday. Schwab U.S. Large-Cap Value ETF has a one year low of $26.21 and a one year high of $33.08. The stock has a market cap of $15.43 billion, a P/E ratio of 19.08 and a beta of 0.83. The stock has a 50-day moving average of $31.45 and a two-hundred day moving average of $30.69.

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.