Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Hits New 52-Week High at $57.55

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Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) reached a new 52-week high during trading on Thursday . The stock traded as high as $57.55 and last traded at $57.49, with a volume of 11290 shares trading hands. The stock had previously closed at $57.39.

The company has a 50 day moving average price of $55.46 and a 200 day moving average price of $55.48.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 11.5% during the first quarter. Financial Engines Advisors L.L.C. now owns 17,117,591 shares of the company’s stock worth $937,023,000 after purchasing an additional 1,761,826 shares during the period. Gainplan LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the second quarter worth $96,799,000. Honkamp Krueger Financial Services Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 33.2% during the second quarter. Honkamp Krueger Financial Services Inc. now owns 4,213,090 shares of the company’s stock worth $239,009,000 after purchasing an additional 1,050,866 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 18.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,869,254 shares of the company’s stock worth $222,211,000 after purchasing an additional 600,053 shares during the period. Finally, Resources Investment Advisors LLC. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 91.0% during the second quarter. Resources Investment Advisors LLC. now owns 970,998 shares of the company’s stock worth $54,512,000 after purchasing an additional 462,661 shares during the period.

About Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

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.

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