Schwab U.S. Large-Cap Value ETF $SCHV Shares Acquired by MAI Capital Management

MAI Capital Management increased its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 993,670 shares of the company’s stock after purchasing an additional 17,327 shares during the period. MAI Capital Management’s holdings in Schwab U.S. Large-Cap Value ETF were worth $28,926,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SCHV. Vantagepoint Investment Advisers LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $245,980,000. Sei Investments Co. lifted 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 acquiring an additional 2,420,337 shares in the last quarter. Mather Group LLC. boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.4% during the third quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock valued at $992,809,000 after acquiring an additional 1,113,321 shares during the last quarter. Midwest Trust Co purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth about $26,161,000. Finally, Exchange Traded Concepts LLC increased its position in Schwab U.S. Large-Cap Value ETF by 68.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,827,049 shares of the company’s stock worth $53,185,000 after purchasing an additional 740,288 shares in the last quarter.

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

Shares of SCHV stock opened at $32.11 on Wednesday. The company has a market capitalization of $15.43 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The firm has a 50-day moving average price of $30.90 and a 200 day moving average price of $29.65. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.08 and a twelve month high of $32.45.

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.