Ritholtz Wealth Management Invests $214,000 in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Ritholtz Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,052 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Financial Engines Advisors L.L.C. increased its position in Schwab U.S. Large-Cap Value ETF by 184.2% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 55,360,772 shares of the company’s stock worth $1,443,255,000 after buying an additional 35,884,431 shares during the period. Sei Investments Co. increased its position in Schwab U.S. Large-Cap Value ETF by 220.7% during the fourth quarter. Sei Investments Co. now owns 38,914,600 shares of the company’s stock worth $1,014,504,000 after buying an additional 26,780,137 shares during the period. Envestnet Asset Management Inc. increased its position in Schwab U.S. Large-Cap Value ETF by 228.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock worth $415,209,000 after buying an additional 11,074,601 shares during the period. Avantax Planning Partners Inc. increased its position in Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock worth $258,819,000 after buying an additional 6,621,242 shares during the period. Finally, Mariner LLC increased its position in Schwab U.S. Large-Cap Value ETF by 199.0% during the fourth quarter. Mariner LLC now owns 7,950,753 shares of the company’s stock worth $207,275,000 after buying an additional 5,291,706 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Up 0.2%

NYSEARCA:SCHV opened at $27.13 on Friday. The firm has a market cap of $12.28 billion, a P/E ratio of 19.08 and a beta of 0.89. The stock’s 50 day simple moving average is $26.36 and its 200-day simple moving average is $26.49. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $28.19.

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.