Money Concepts Capital Corp Buys New Shares in Schwab U.S. Large-Cap Value ETF $SCHV

Money Concepts Capital Corp purchased a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 113,071 shares of the company’s stock, valued at approximately $3,766,000.

Other hedge funds also recently made changes to their positions in the company. Serenity Investment Advisors lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 1.9% in the second quarter. Serenity Investment Advisors now owns 979,372 shares of the company’s stock worth $34,082,000 after purchasing an additional 17,936 shares in the last quarter. Christensen King & Associates Investment Services Inc. boosted its holdings in Schwab U.S. Large-Cap Value ETF by 6.8% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 292,303 shares of the company’s stock worth $9,737,000 after purchasing an additional 18,497 shares during the last quarter. Steelhead Wealth Management LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the first quarter valued at $14,294,000. Murphy Middleton Hinkle & Parker Inc. grew its position in Schwab U.S. Large-Cap Value ETF by 6.7% in the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 349,164 shares of the company’s stock valued at $12,154,000 after purchasing an additional 21,899 shares in the last quarter. Finally, Veery Capital LLC grew its position in Schwab U.S. Large-Cap Value ETF by 1.6% in the third quarter. Veery Capital LLC now owns 1,215,553 shares of the company’s stock valued at $40,490,000 after purchasing an additional 19,447 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.6%

Shares of SCHV stock opened at $34.81 on Friday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $28.29 and a 1 year high of $35.49. The firm’s fifty day moving average price is $34.20 and its two-hundred day moving average price is $33.26. The firm has a market capitalization of $15.77 billion, a P/E ratio of 20.13 and a beta of 0.82.

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.