Midwest Trust Co Buys 174,676 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Midwest Trust Co boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 18.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,096,794 shares of the company’s stock after acquiring an additional 174,676 shares during the period. Midwest Trust Co’s holdings in Schwab U.S. Large-Cap Value ETF were worth $32,476,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SCHV. JPL Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter worth about $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $27,000. REAP Financial Group LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $48,000. United Financial Planning Group LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $61,000. Finally, Fifth Third Bancorp grew its stake in Schwab U.S. Large-Cap Value ETF by 508.5% during the fourth quarter. Fifth Third Bancorp now owns 2,209 shares of the company’s stock valued at $65,000 after acquiring an additional 1,846 shares in the last quarter.

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

Shares of NYSEARCA:SCHV opened at $32.67 on Friday. The company has a 50 day moving average of $31.38 and a 200 day moving average of $30.56. The stock has a market cap of $15.29 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 12 month low of $26.13 and a 12 month high of $32.90.

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.