Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Acquired by Independent Advisor Alliance

Independent Advisor Alliance lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2,621.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 113,367 shares of the company’s stock after acquiring an additional 109,202 shares during the period. Independent Advisor Alliance’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,955,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Meriwether Wealth & Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $14,338,000. Johnson Investment Counsel Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 203.4% during the fourth quarter. Johnson Investment Counsel Inc. now owns 33,111 shares of the company’s stock worth $863,000 after buying an additional 22,199 shares during the period. Keb Asset Management LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 201.8% during the fourth quarter. Keb Asset Management LLC now owns 47,983 shares of the company’s stock worth $1,251,000 after buying an additional 32,086 shares during the period. Lowery Thomas LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 200.7% during the fourth quarter. Lowery Thomas LLC now owns 218,455 shares of the company’s stock worth $5,695,000 after buying an additional 145,807 shares during the period. Finally, G2 Capital Management LLC OH boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the fourth quarter. G2 Capital Management LLC OH now owns 12,816 shares of the company’s stock worth $334,000 after buying an additional 8,544 shares during the period.

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

SCHV opened at $26.06 on Thursday. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 19.93 and a beta of 0.96. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.84 and a 1-year high of $28.19. The business has a 50 day moving average price of $26.90 and a two-hundred day moving average price of $26.84.

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.