Signature Resources Capital Management LLC Purchases New Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Signature Resources Capital Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 1,676 shares of the company’s stock, valued at approximately $117,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHV. Mather Group LLC. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 6.9% in the fourth quarter. Mather Group LLC. now owns 10,542,762 shares of the company’s stock valued at $739,048,000 after acquiring an additional 680,703 shares during the period. Sei Investments Co. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 5.3% in the 3rd quarter. Sei Investments Co. now owns 8,824,102 shares of the company’s stock worth $568,801,000 after purchasing an additional 445,094 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth approximately $27,673,000. Cooper Financial Group bought a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at approximately $20,983,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 8.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,821,796 shares of the company’s stock worth $246,353,000 after purchasing an additional 286,280 shares in the last quarter.

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

Shares of NYSEARCA SCHV traded up $0.36 during trading on Friday, hitting $73.21. The company had a trading volume of 290,672 shares, compared to its average volume of 430,957. Schwab U.S. Large-Cap Value ETF has a 12 month low of $60.99 and a 12 month high of $76.13. The firm has a market capitalization of $10.57 billion, a P/E ratio of 17.88 and a beta of 0.77. The stock has a 50 day simple moving average of $73.76 and a 200 day simple moving average of $70.02.

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.