Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Gemmer Asset Management LLC

Gemmer Asset Management LLC decreased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.4% during the third quarter, Holdings Channel.com reports. The firm owned 4,331,628 shares of the company’s stock after selling 107,740 shares during the period. Schwab U.S. Large-Cap Value ETF comprises 10.2% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Gemmer Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $126,094,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 6.0% in the second quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock valued at $1,191,532,000 after buying an additional 2,420,337 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at about $30,071,000. Midwest Trust Co purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the second quarter worth about $26,161,000. Merit Financial Group LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 129.1% during the 2nd quarter. Merit Financial Group LLC now owns 851,158 shares of the company’s stock worth $23,552,000 after purchasing an additional 479,673 shares during the last quarter. Finally, rebel Financial LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $13,211,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.5%

SCHV stock opened at $29.95 on Thursday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $29.99. The business’s 50-day moving average is $29.23 and its 200 day moving average is $28.62. The stock has a market cap of $14.17 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90.

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. 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.