Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Sold by Financial Management Professionals Inc.

Financial Management Professionals Inc. decreased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 99.6% in the 2nd quarter, Holdings Channel reports. The firm owned 1,768 shares of the company’s stock after selling 474,572 shares during the quarter. Financial Management Professionals Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $119,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHV. Boulder Wealth Advisors LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $27,000. Clearstead Advisors LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 224.0% during the 3rd quarter. Clearstead Advisors LLC now owns 580 shares of the company’s stock valued at $34,000 after acquiring an additional 401 shares in the last quarter. Cascade Investment Advisors Inc. purchased a new position in Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at about $44,000. ICA Group Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $62,000. Finally, SVB Wealth LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 5,233.3% during the 1st quarter. SVB Wealth LLC now owns 960 shares of the company’s stock valued at $68,000 after acquiring an additional 942 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.9 %

NYSEARCA:SCHV opened at $67.33 on Friday. The firm has a 50-day moving average price of $67.81 and a two-hundred day moving average price of $66.21. Schwab U.S. Large-Cap Value ETF has a twelve month low of $58.00 and a twelve month high of $69.64. The company has a market capitalization of $9.82 billion, a P/E ratio of 14.67 and a beta of 0.94.

About Schwab U.S. Large-Cap Value ETF

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.