20,218 Shares in Schwab U.S. Large-Cap Value ETF $SCHV Acquired by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 20,218 shares of the company’s stock, valued at approximately $599,000.

Several other hedge funds also recently bought and sold shares of SCHV. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $27,000. REAP Financial Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $48,000. United Financial Planning Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $61,000. Finally, Fifth Third Bancorp lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 508.5% during the fourth quarter. Fifth Third Bancorp now owns 2,209 shares of the company’s stock worth $65,000 after purchasing an additional 1,846 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.1%

NYSEARCA:SCHV opened at $32.84 on Thursday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $26.21 and a twelve month high of $32.90. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The stock has a fifty day simple moving average of $31.43 and a 200-day simple moving average of $30.66.

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. 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.