Orion Porfolio Solutions LLC Trims Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Orion Porfolio Solutions LLC lessened its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 208,420 shares of the company’s stock after selling 17,084 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $6,067,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Collective Family Office LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 4.5% in the 3rd quarter. Collective Family Office LLC now owns 8,163 shares of the company’s stock valued at $238,000 after buying an additional 350 shares in the last quarter. Brighton Jones LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 1.5% in the 3rd quarter. Brighton Jones LLC now owns 24,563 shares of the company’s stock worth $715,000 after buying an additional 369 shares during the last quarter. Cambridge Advisors Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 3.2% during the 3rd quarter. Cambridge Advisors Inc. now owns 12,203 shares of the company’s stock worth $355,000 after buying an additional 378 shares in the last quarter. JFS Wealth Advisors LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 3.8% during the 3rd quarter. JFS Wealth Advisors LLC now owns 10,347 shares of the company’s stock worth $301,000 after buying an additional 378 shares in the last quarter. Finally, Modera Wealth Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.3% during the second quarter. Modera Wealth Management LLC now owns 120,742 shares of the company’s stock valued at $3,341,000 after acquiring an additional 404 shares during the last quarter.

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

NYSEARCA SCHV opened at $31.09 on Friday. The company has a market cap of $14.94 billion, a PE ratio of 19.08 and a beta of 0.90. The stock’s 50 day simple moving average is $31.24 and its 200-day simple moving average is $29.84. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $32.45.

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.