Schwab U.S. Large-Cap Value ETF $SCHV Stock Position Raised by Lighthouse Wealth Management Inc.

Lighthouse Wealth Management Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 16.5% in the third quarter, Holdings Channel.com reports. The fund owned 185,111 shares of the company’s stock after purchasing an additional 26,253 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 4.4% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Lighthouse Wealth Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,389,000 as of its most recent SEC filing.

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

Schwab U.S. Large-Cap Value ETF Stock Down 0.1%

NYSEARCA:SCHV opened at $29.84 on Wednesday. The firm’s fifty day simple moving average is $29.30 and its 200 day simple moving average is $28.70. The stock has a market cap of $14.12 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.08 and a twelve month high of $29.99.

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.