Massmutual Trust Co. FSB ADV Trims Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Massmutual Trust Co. FSB ADV cut its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 21.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,895 shares of the company’s stock after selling 2,208 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Schwab U.S. Large-Cap Value ETF were worth $585,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Value ETF by 17.6% in the fourth quarter. Sei Investments Co. now owns 10,378,700 shares of the company’s stock valued at $727,545,000 after acquiring an additional 1,554,598 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $54,218,000. Mather Group LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 6.9% during the fourth quarter. Mather Group LLC. now owns 10,542,762 shares of the company’s stock worth $739,048,000 after buying an additional 680,703 shares during the period. Dodds Wealth LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $30,101,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $27,673,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.8 %

Shares of NYSEARCA:SCHV traded up $0.60 on Tuesday, hitting $74.03. 464,118 shares of the company were exchanged, compared to its average volume of 387,727. Schwab U.S. Large-Cap Value ETF has a 1-year low of $60.99 and a 1-year high of $77.79. The stock’s 50 day moving average price is $75.00 and its 200 day moving average price is $73.82. The firm has a market capitalization of $10.69 billion, a P/E ratio of 17.88 and a beta of 0.77.

Schwab U.S. Large-Cap Value ETF Company 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.