Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Reaches New 1-Year High – Should You Buy?

Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $31.61 and last traded at $31.49, with a volume of 4503270 shares changing hands. The stock had previously closed at $31.37.

Schwab U.S. Large-Cap Value ETF Stock Up 2.2%

The stock has a 50-day simple moving average of $30.24 and a 200 day simple moving average of $29.26. The company has a market cap of $15.42 billion, a PE ratio of 19.08 and a beta of 0.90.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. JPL Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth approximately $27,000. Keener Financial Planning LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at approximately $34,000. Total Investment Management Inc. purchased a new stake in Schwab U.S. Large-Cap Value ETF in the second quarter valued at approximately $41,000. Finally, REAP Financial Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $48,000.

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. 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.