J. Derek Lewis & Associates Inc. Invests $1.07 Million in Schwab U.S. Large-Cap Value ETF $SCHV

J. Derek Lewis & Associates Inc. bought a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 36,312 shares of the company’s stock, valued at approximately $1,075,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $26,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $38,000. Acumen Wealth Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $47,000. Finally, Arax Advisory Partners bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $52,000.

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

Shares of SCHV opened at $34.56 on Friday. The company has a market capitalization of $16.18 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a one year low of $27.01 and a one year high of $35.05. The business’s 50 day simple moving average is $32.97 and its 200-day simple moving average is $31.53.

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.