Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 33.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 774,931 shares of the company’s stock after selling 390,672 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.16% of Schwab U.S. Large-Cap Value ETF worth $26,975,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHV. Avantax Planning Partners Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 0.3% in the 1st quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after purchasing an additional 29,579 shares in the last quarter. Mariner LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the fourth quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock worth $269,542,000 after buying an additional 329,550 shares during the period. Valpey Financial Services LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock worth $185,099,000 after acquiring an additional 6,043,804 shares in the last quarter. Krilogy Financial LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.5% in the first quarter. Krilogy Financial LLC now owns 2,872,287 shares of the company’s stock worth $91,339,000 after acquiring an additional 14,078 shares in the last quarter. Finally, Cooper Financial Group raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.6% during the second quarter. Cooper Financial Group now owns 2,276,475 shares of the company’s stock valued at $79,244,000 after acquiring an additional 140,501 shares during the period.

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

Shares of NYSEARCA:SCHV traded down $0.35 during mid-day trading on Wednesday, hitting $33.82. The stock had a trading volume of 2,529,201 shares, compared to its average volume of 3,880,247. The company’s 50 day moving average is $34.51 and its 200-day moving average is $33.30. Schwab U.S. Large-Cap Value ETF has a 12-month low of $28.29 and a 12-month high of $35.49. The company has a market cap of $16.80 billion, a PE ratio of 19.08 and a beta of 0.83.

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.