Schwab U.S. Large-Cap Value ETF $SCHV Shares Newly Purchased by Root Financial Partners LLC

Root Financial Partners LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,932 shares of the company’s stock, valued at approximately $1,796,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Serenity Investment Advisors grew its stake in Schwab U.S. Large-Cap Value ETF by 1.9% during the second quarter. Serenity Investment Advisors now owns 979,372 shares of the company’s stock worth $34,082,000 after buying an additional 17,936 shares during the period. Unique Wealth LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 25.0% during the first quarter. Unique Wealth LLC now owns 120,739 shares of the company’s stock valued at $3,683,000 after acquiring an additional 24,156 shares in the last quarter. Steelhead Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 1st quarter worth approximately $14,294,000. Murphy Middleton Hinkle & Parker Inc. increased its stake in shares of 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 worth $12,154,000 after buying an additional 21,899 shares during the last quarter. Finally, Rockwood Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth about $649,000.

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

Shares of NYSEARCA SCHV opened at $34.57 on Friday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $28.29 and a 52-week high of $35.49. The stock has a market capitalization of $15.67 billion, a P/E ratio of 19.08 and a beta of 0.83. The stock’s 50 day moving average price is $34.27 and its two-hundred day moving average price is $33.79.

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.