Silver Lake Advisory LLC Makes New Investment in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Silver Lake Advisory LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,703 shares of the company’s stock, valued at approximately $941,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sei Investments Co. lifted its stake in Schwab U.S. Large-Cap Value ETF by 5.1% in the second quarter. Sei Investments Co. now owns 11,499,907 shares of the company’s stock valued at $851,913,000 after buying an additional 553,600 shares during the period. Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Value ETF by 6.0% in the 2nd quarter. Mather Group LLC. now owns 11,127,954 shares of the company’s stock valued at $845,502,000 after acquiring an additional 628,056 shares during the period. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,023,662 shares of the company’s stock worth $298,073,000 after acquiring an additional 382,380 shares during the last quarter. Gemmer Asset Management LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 4.0% during the second quarter. Gemmer Asset Management LLC now owns 1,337,883 shares of the company’s stock valued at $99,110,000 after purchasing an additional 51,758 shares during the period. Finally, LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 0.4% in the second quarter. LPL Financial LLC now owns 1,084,738 shares of the company’s stock valued at $80,357,000 after purchasing an additional 4,493 shares in the last quarter.

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

SCHV opened at $80.11 on Friday. The firm’s fifty day moving average is $77.56 and its two-hundred day moving average is $75.49. The firm has a market cap of $11.57 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a twelve month low of $60.99 and a twelve month high of $80.54.

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.