SteelPeak Wealth LLC Invests $5.39 Million in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

SteelPeak Wealth LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 206,775 shares of the company’s stock, valued at approximately $5,391,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHV. Gemmer Asset Management LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 206.9% in the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock valued at $109,194,000 after buying an additional 2,823,773 shares during the last quarter. Financial Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 197.8% in the fourth quarter. Financial Advisors LLC now owns 2,724,819 shares of the company’s stock worth $71,036,000 after acquiring an additional 1,809,770 shares in the last quarter. Brady Martz Wealth Solutions LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at about $42,697,000. CX Institutional grew its stake in Schwab U.S. Large-Cap Value ETF by 324.3% during the 4th quarter. CX Institutional now owns 1,843,143 shares of the company’s stock valued at $48,051,000 after purchasing an additional 1,408,706 shares in the last quarter. Finally, Krilogy Financial LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 150.7% during the 4th quarter. Krilogy Financial LLC now owns 2,205,034 shares of the company’s stock valued at $57,485,000 after purchasing an additional 1,325,485 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.7 %

Shares of SCHV opened at $27.12 on Wednesday. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The business’s 50 day moving average is $26.84 and its two-hundred day moving average is $26.48. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.35 and a 52-week high of $28.19.

Schwab U.S. Large-Cap Value ETF Company 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.