Schwab U.S. Large-Cap Value ETF Target of Unusually High Options Trading (NYSEARCA:SCHV)

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of unusually large options trading on Tuesday. Traders purchased 2,361 call options on the stock. This is an increase of approximately 26,133% compared to the typical daily volume of 9 call options.

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

SCHV traded down $0.04 during midday trading on Tuesday, reaching $34.78. 200,256 shares of the company were exchanged, compared to its average volume of 3,928,506. The stock’s 50-day simple moving average is $34.54 and its 200 day simple moving average is $33.13. The stock has a market capitalization of $16.06 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a one year low of $28.29 and a one year high of $35.49.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCHV. JPL Wealth Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $26,000. Ascentis Independent Advisors bought a new stake in Schwab U.S. Large-Cap Value ETF in the first quarter valued at approximately $32,000. NI Acquisitions Company LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at approximately $34,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $38,000. Finally, Strategic Wealth Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after acquiring an additional 746 shares during the period.

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.