Ballast Financial Advisors LLC Purchases Shares of 52,155 Schwab U.S. Large-Cap Value ETF $SCHV

Ballast Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the fourth quarter, HoldingsChannel reports. The fund purchased 52,155 shares of the company’s stock, valued at approximately $1,544,000. Schwab U.S. Large-Cap Value ETF comprises 1.6% of Ballast Financial Advisors LLC’s holdings, making the stock its 16th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter worth about $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $38,000. Acumen Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $47,000. Finally, Arax Advisory Partners bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $52,000.

Schwab U.S. Large-Cap Value ETF Trading Down 0.8%

Shares of SCHV stock opened at $34.37 on Thursday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $27.01 and a 12-month high of $35.05. The stock’s 50-day moving average price is $32.84 and its 200-day moving average price is $31.48. The stock has a market capitalization of $16.09 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83.

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.