Y Intercept Hong Kong Ltd Decreases Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Y Intercept Hong Kong Ltd lowered its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 71.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,601 shares of the company’s stock after selling 54,125 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Schwab U.S. Large-Cap Value ETF were worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of SCHV. Cypress Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at approximately $3,254,000. Baring Financial LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $6,868,000. BCS Wealth Management increased its position in shares of Schwab U.S. Large-Cap Value ETF by 84.6% during the fourth quarter. BCS Wealth Management now owns 131,958 shares of the company’s stock worth $3,907,000 after purchasing an additional 60,489 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 27.3% in the 4th quarter. Farther Finance Advisors LLC now owns 507,880 shares of the company’s stock valued at $15,038,000 after purchasing an additional 108,980 shares during the last quarter. Finally, Secure Asset Management LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 50.4% in the 4th quarter. Secure Asset Management LLC now owns 78,846 shares of the company’s stock valued at $2,335,000 after purchasing an additional 26,414 shares during the last quarter.

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

Shares of SCHV stock opened at $34.22 on Tuesday. The stock’s fifty day moving average is $33.80 and its two-hundred day moving average is $32.10. The firm has a market capitalization of $15.69 billion, a P/E ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $27.39 and a fifty-two week high of $35.05.

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. 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.