Petra Financial Advisors Inc. Buys 132,981 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Petra Financial Advisors Inc. boosted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 204.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 198,053 shares of the company’s stock after buying an additional 132,981 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 3.5% of Petra Financial Advisors Inc.’s portfolio, making the stock its 5th biggest holding. Petra Financial Advisors Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SCHV. Harbour Investments Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 28.5% in the 3rd quarter. Harbour Investments Inc. now owns 3,528 shares of the company’s stock worth $284,000 after purchasing an additional 783 shares during the period. Adero Partners LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at approximately $211,000. Thrivent Financial for Lutherans boosted its position in Schwab U.S. Large-Cap Value ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 405,946 shares of the company’s stock valued at $32,626,000 after purchasing an additional 5,338 shares during the period. Theory Financial LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 19.8% during the 3rd quarter. Theory Financial LLC now owns 15,618 shares of the company’s stock worth $1,255,000 after acquiring an additional 2,586 shares during the period. Finally, ETF Store Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.7% during the 3rd quarter. ETF Store Inc. now owns 13,577 shares of the company’s stock worth $1,091,000 after acquiring an additional 479 shares during the period.

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

SCHV opened at $26.67 on Tuesday. Schwab U.S. Large-Cap Value ETF has a one year low of $23.84 and a one year high of $28.19. The stock’s fifty day moving average is $26.92 and its 200-day moving average is $26.85. The company has a market capitalization of $12.02 billion, a PE ratio of 19.30 and a beta of 0.95.

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.