Schwab U.S. Large-Cap Value ETF $SCHV Stake Lifted by Meramec Financial Planners LLC

Meramec Financial Planners LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 50.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,426 shares of the company’s stock after purchasing an additional 26,747 shares during the period. Schwab U.S. Large-Cap Value ETF comprises about 0.9% of Meramec Financial Planners LLC’s portfolio, making the stock its 25th largest holding. Meramec Financial Planners LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,696,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $329,751,000. Mather Group LLC. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $257,154,000. Vantagepoint Investment Advisers LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $243,975,000. TSG Advice Partners LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $38,271,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $20,793,000.

Schwab U.S. Large-Cap Value ETF Stock Performance

NYSEARCA SCHV traded up $0.04 during trading hours on Friday, hitting $34.85. 2,401,908 shares of the company traded hands, compared to its average volume of 3,785,720. The business’s 50-day moving average is $34.21 and its 200-day moving average is $33.28. Schwab U.S. Large-Cap Value ETF has a twelve month low of $28.29 and a twelve month high of $35.49. The stock has a market capitalization of $15.79 billion, a price-to-earnings ratio of 20.13 and a beta of 0.82.

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.