Schwab U.S. Large-Cap Value ETF $SCHV Shares Bought by GenWealth Group Inc.

GenWealth Group Inc. lifted its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,537,451 shares of the company’s stock after buying an additional 104,526 shares during the period. Schwab U.S. Large-Cap Value ETF comprises 8.6% of GenWealth Group Inc.’s holdings, making the stock its 2nd largest position. GenWealth Group Inc. owned 0.34% of Schwab U.S. Large-Cap Value ETF worth $42,541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $30,071,000. World Investment Advisors raised its holdings in Schwab U.S. Large-Cap Value ETF by 1,943.4% during the 1st quarter. World Investment Advisors now owns 1,102,992 shares of the company’s stock worth $29,318,000 after buying an additional 1,049,014 shares during the period. Mather Group LLC. lifted its stake in Schwab U.S. Large-Cap Value ETF by 3.2% in the first quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock valued at $876,736,000 after buying an additional 1,023,250 shares in the last quarter. Teamwork Financial Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at approximately $18,082,000. Finally, Envestnet Asset Management Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 3.5% during the first quarter. Envestnet Asset Management Inc. now owns 16,489,014 shares of the company’s stock worth $438,278,000 after acquiring an additional 562,331 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.5%

Shares of NYSEARCA:SCHV opened at $28.78 on Friday. The firm has a market cap of $13.18 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $29.30. The company’s fifty day simple moving average is $28.48 and its 200 day simple moving average is $27.19.

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.