Summit Asset Management LLC Increases Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Summit Asset Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 271.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,024,087 shares of the company’s stock after purchasing an additional 748,386 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for 4.7% of Summit Asset Management LLC’s holdings, making the stock its 6th largest position. Summit Asset Management LLC owned 0.71% of Schwab U.S. Large-Cap Value ETF worth $26,698,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Raymond James & Associates boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 8.0% during the 3rd quarter. Raymond James & Associates now owns 41,762 shares of the company’s stock worth $3,356,000 after acquiring an additional 3,095 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 13.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 4,034 shares of the company’s stock worth $324,000 after acquiring an additional 470 shares in the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 20.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 14,256 shares of the company’s stock worth $1,142,000 after acquiring an additional 2,448 shares in the last quarter. CWC Advisors LLC. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $220,000. Finally, Arkadios Wealth Advisors boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 328.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 24,620 shares of the company’s stock worth $1,979,000 after acquiring an additional 18,872 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.9 %

NYSEARCA SCHV opened at $27.24 on Friday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.84 and a 1 year high of $28.19. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The firm’s 50 day simple moving average is $26.72 and its 200 day simple moving average is $26.70.

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.