Towercrest Capital Management Raises Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Towercrest Capital Management lifted its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 200.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 24,237 shares of the company’s stock after buying an additional 16,158 shares during the quarter. Towercrest Capital Management’s holdings in Schwab U.S. Large-Cap Value ETF were worth $632,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SCHV. Hollencrest Capital Management boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Hollencrest Capital Management now owns 996 shares of the company’s stock valued at $26,000 after acquiring an additional 664 shares in the last quarter. First PREMIER Bank boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock valued at $27,000 after acquiring an additional 690 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 1,170 shares of the company’s stock valued at $31,000 after acquiring an additional 780 shares in the last quarter. Tidemark LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Tidemark LLC now owns 1,200 shares of the company’s stock valued at $31,000 after acquiring an additional 800 shares in the last quarter. Finally, Olistico Wealth LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Olistico Wealth LLC now owns 1,236 shares of the company’s stock valued at $32,000 after acquiring an additional 824 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.6 %

Shares of SCHV opened at $26.54 on Monday. The company has a market cap of $11.96 billion, a price-to-earnings ratio of 19.30 and a beta of 0.95. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.84 and a twelve month high of $28.19. The company has a 50 day moving average of $26.97 and a two-hundred day moving average of $26.86.

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.