Ifrah Financial Services Inc. Increases Stock Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Ifrah Financial Services Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 3.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 73,416 shares of the company’s stock after purchasing an additional 2,417 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 1.5% of Ifrah Financial Services Inc.’s investment portfolio, making the stock its 17th largest holding. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,146,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHV. Brookstone Capital Management grew its position in Schwab U.S. Large-Cap Value ETF by 7.2% during the third quarter. Brookstone Capital Management now owns 18,066 shares of the company’s stock valued at $1,143,000 after acquiring an additional 1,209 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 9.1% during the third quarter. Commonwealth Equity Services LLC now owns 317,170 shares of the company’s stock worth $20,445,000 after purchasing an additional 26,445 shares in the last quarter. Raymond James & Associates lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 2.4% during the third quarter. Raymond James & Associates now owns 38,762 shares of the company’s stock worth $2,499,000 after purchasing an additional 916 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 13.5% during the third quarter. J.W. Cole Advisors Inc. now owns 28,472 shares of the company’s stock worth $1,835,000 after purchasing an additional 3,396 shares in the last quarter. Finally, Ironwood Wealth Management LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 11.1% during the third quarter. Ironwood Wealth Management LLC. now owns 9,607 shares of the company’s stock worth $619,000 after purchasing an additional 963 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.5 %

Shares of SCHV traded up $0.36 during midday trading on Friday, reaching $73.21. 290,672 shares of the company were exchanged, compared to its average volume of 430,957. The stock has a 50-day moving average price of $73.76 and a 200-day moving average price of $70.02. The company has a market cap of $10.57 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 1-year low of $60.99 and a 1-year high of $76.13.

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.