Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Hits New 1-Year High – Still a Buy?

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) shares hit a new 52-week high on Thursday . The stock traded as high as $29.78 and last traded at $29.7890, with a volume of 1237664 shares traded. The stock had previously closed at $29.64.

Schwab U.S. Large-Cap Value ETF Stock Down 0.5%

The company has a market cap of $14.04 billion, a PE ratio of 19.08 and a beta of 0.90. The stock’s 50 day moving average is $29.12 and its 200-day moving average is $28.45.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Vantagepoint Investment Advisers LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $245,980,000. Sei Investments Co. boosted its holdings in Schwab U.S. Large-Cap Value ETF by 6.0% during the 2nd quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock valued at $1,191,532,000 after acquiring an additional 2,420,337 shares during the period. Wellington Management Group LLP purchased a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $68,742,000. Mather Group LLC. grew its position in Schwab U.S. Large-Cap Value ETF by 3.4% in the 3rd quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock valued at $992,809,000 after acquiring an additional 1,113,321 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the second quarter worth $30,071,000.

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.