World Investment Advisors Has $60.31 Million Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

World Investment Advisors grew its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 101.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,977,398 shares of the company’s stock after acquiring an additional 996,424 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 1.0% of World Investment Advisors’ portfolio, making the stock its 12th biggest position. World Investment Advisors’ holdings in Schwab U.S. Large-Cap Value ETF were worth $60,311,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPL Wealth Management LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the 4th quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth about $38,000. Acumen Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth about $47,000. Finally, Arax Advisory Partners bought a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at about $52,000.

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

Shares of SCHV stock opened at $34.43 on Friday. The firm has a market capitalization of $15.74 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82. The business’s 50-day moving average price is $33.53 and its 200-day moving average price is $31.88. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.39 and a 12 month high of $35.05.

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. 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.