CX Institutional Acquires 1,408,706 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

CX Institutional boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 324.3% in the fourth quarter, HoldingsChannel reports. The firm owned 1,843,143 shares of the company’s stock after buying an additional 1,408,706 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for about 1.9% of CX Institutional’s holdings, making the stock its 9th biggest holding. CX Institutional’s holdings in Schwab U.S. Large-Cap Value ETF were worth $48,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. First PREMIER Bank raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock valued at $27,000 after buying an additional 690 shares during the last quarter. Tidemark LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $32,000. Olistico Wealth LLC raised its position in Schwab U.S. Large-Cap Value ETF by 200.0% during 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. Versant Capital Management Inc lifted its holdings in Schwab U.S. Large-Cap Value ETF by 182.1% in the fourth quarter. Versant Capital Management Inc now owns 1,278 shares of the company’s stock valued at $33,000 after acquiring an additional 825 shares during the period. Finally, Fortitude Family Office LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 202.0% in the fourth quarter. Fortitude Family Office LLC now owns 1,646 shares of the company’s stock valued at $43,000 after acquiring an additional 1,101 shares during the period.

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

Shares of NYSEARCA SCHV opened at $27.21 on Friday. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The firm’s 50 day simple moving average is $26.84 and its 200-day simple moving average is $26.41. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.25 and a 12 month high of $28.19.

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.