Friday Financial grew its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Free Report) by 12.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 310,266 shares of the company’s stock after buying an additional 33,949 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for 3.2% of Friday Financial’s holdings, making the stock its 9th largest holding. Friday Financial owned approximately 0.06% of Schwab U.S. Large-Cap Value ETF worth $9,187,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Sei Investments Co. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after purchasing an additional 1,295,102 shares in the last quarter. Mather Group LLC. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 3.4% during the 3rd quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock worth $992,809,000 after buying an additional 1,113,321 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock valued at $485,751,000 after buying an additional 518,827 shares during the period. Osaic Holdings Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.7% in the 2nd quarter. Osaic Holdings Inc. now owns 11,980,931 shares of the company’s stock valued at $331,516,000 after buying an additional 426,274 shares during the period. Finally, Avantax Planning Partners Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.3% in the third quarter. Avantax Planning Partners Inc. now owns 10,079,785 shares of the company’s stock worth $293,423,000 after acquiring an additional 133,585 shares in the last quarter.
Schwab U.S. Large-Cap Value ETF Trading Up 0.9%
Schwab U.S. Large-Cap Value ETF stock opened at $30.50 on Tuesday. The firm has a market capitalization of $14.66 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.08 and a twelve month high of $32.45. The stock’s fifty day simple moving average is $31.38 and its 200-day simple moving average is $30.01.
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.
Further Reading
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