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

Money Concepts Capital Corp purchased a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 113,071 shares of the company’s stock, valued at approximately $3,766,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Riversedge Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.5% during the 3rd quarter. Riversedge Advisors LLC now owns 80,473 shares of the company’s stock worth $2,681,000 after purchasing an additional 365 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.3% in the 1st quarter. NewEdge Advisors LLC now owns 150,725 shares of the company’s stock valued at $4,597,000 after buying an additional 382 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.9% in the 1st quarter. Chicago Partners Investment Group LLC now owns 44,234 shares of the company’s stock valued at $1,412,000 after buying an additional 390 shares during the last quarter. Brickley Wealth Management grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 2.9% in the third quarter. Brickley Wealth Management now owns 16,177 shares of the company’s stock valued at $539,000 after buying an additional 454 shares in the last quarter. Finally, Chapin Davis Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 4.0% in the second quarter. Chapin Davis Inc. now owns 12,110 shares of the company’s stock valued at $422,000 after buying an additional 470 shares in the last quarter.

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

Shares of SCHV opened at $34.81 on Friday. The company has a market cap of $15.77 billion, a price-to-earnings ratio of 20.13 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 1-year low of $28.29 and a 1-year high of $35.49. The company’s fifty day simple moving average is $34.20 and its 200 day simple moving average is $33.26.

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.