115,739 Shares in Schwab U.S. Large-Cap Value ETF $SCHV Acquired by SCS Capital Management LLC

SCS Capital Management LLC bought a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the first quarter, Holdings Channel.com reports. The fund bought 115,739 shares of the company’s stock, valued at approximately $3,076,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Mather Group LLC. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.2% in the 1st quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock worth $876,736,000 after purchasing an additional 1,023,250 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 16,489,014 shares of the company’s stock worth $438,278,000 after purchasing an additional 562,331 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.0% in the 1st quarter. Avantax Planning Partners Inc. now owns 10,027,280 shares of the company’s stock worth $266,525,000 after purchasing an additional 99,438 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 198.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,608,951 shares of the company’s stock worth $198,365,000 after purchasing an additional 5,059,340 shares in the last quarter. Finally, Gemmer Asset Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.9% in the 1st quarter. Gemmer Asset Management LLC now owns 4,308,320 shares of the company’s stock worth $114,515,000 after purchasing an additional 119,809 shares in the last quarter.

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

NYSEARCA SCHV opened at $28.65 on Wednesday. The company’s 50 day simple moving average is $28.25 and its 200 day simple moving average is $27.03. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $28.88. The company has a market capitalization of $13.12 billion, a P/E ratio of 19.08 and a beta of 0.94.

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.