Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sets New 12-Month High – Should You Buy?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.12 and last traded at $31.1920, with a volume of 151 shares traded. The stock had previously closed at $30.99.

Schwab U.S. Large-Cap Value ETF Trading Down 0.1%

The company has a 50 day simple moving average of $30.06 and a 200 day simple moving average of $29.16. The stock has a market cap of $14.94 billion, a P/E ratio of 19.08 and a beta of 0.90.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SCHV. Brighton Jones LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 282.6% in the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock valued at $742,000 after acquiring an additional 21,031 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after purchasing an additional 13,925 shares during the last quarter. AQR Capital Management LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 179.6% during the first quarter. AQR Capital Management LLC now owns 35,409 shares of the company’s stock valued at $941,000 after purchasing an additional 22,744 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 1.0% in the second quarter. Janney Montgomery Scott LLC now owns 60,167 shares of the company’s stock valued at $1,665,000 after purchasing an additional 618 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 22.3% during the 2nd quarter. Capital Investment Advisors LLC now owns 10,023 shares of the company’s stock worth $277,000 after purchasing an additional 1,830 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.