Envestnet Portfolio Solutions Inc. Has $26.06 Million Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Envestnet Portfolio Solutions Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 250.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 999,509 shares of the company’s stock after buying an additional 714,131 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.69% of Schwab U.S. Large-Cap Value ETF worth $26,057,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SCHV. Mather Group LLC. raised its stake in Schwab U.S. Large-Cap Value ETF by 197.4% during the fourth quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after acquiring an additional 21,215,739 shares in the last quarter. Avantax Planning Partners Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 200.2% during the 4th quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock worth $258,819,000 after purchasing an additional 6,621,242 shares in the last quarter. Gemmer Asset Management LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 206.9% during the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock valued at $109,194,000 after purchasing an additional 2,823,773 shares during the last quarter. Savant Capital LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 187.3% in the fourth quarter. Savant Capital LLC now owns 3,456,606 shares of the company’s stock valued at $90,114,000 after buying an additional 2,253,597 shares in the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. grew its stake in Schwab U.S. Large-Cap Value ETF by 212.4% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,877,420 shares of the company’s stock worth $75,014,000 after buying an additional 1,956,262 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 1.7 %

NYSEARCA:SCHV opened at $26.34 on Friday. The stock has a market capitalization of $11.87 billion, a P/E ratio of 19.30 and a beta of 0.95. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.84 and a 1 year high of $28.19. The firm has a 50 day moving average of $26.91 and a 200-day moving average of $26.84.

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.