Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Hits New 1-Year High – Time to Buy?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) hit a new 52-week high during trading on Friday . The stock traded as high as $34.29 and last traded at $34.19, with a volume of 581099 shares traded. The stock had previously closed at $34.13.

Schwab U.S. Large-Cap Value ETF Trading Up 0.7%

The stock’s 50 day moving average price is $32.53 and its two-hundred day moving average price is $31.32. The firm has a market capitalization of $16.08 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHV. JPL Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $26,000. Laurel Wealth Advisors LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new position in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at approximately $32,000. IFC & Insurance Marketing Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $38,000. Finally, Strategic Wealth Advisors LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 95.6% during the first quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after purchasing an additional 746 shares during the last quarter.

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.