Morris Financial Concepts Inc. Decreases Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Morris Financial Concepts Inc. lessened its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 22.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,773 shares of the company’s stock after selling 1,408 shares during the quarter. Morris Financial Concepts Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $363,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mather Group LLC. raised its stake in Schwab U.S. Large-Cap Value ETF by 6.9% during the fourth quarter. Mather Group LLC. now owns 10,542,762 shares of the company’s stock valued at $739,048,000 after purchasing an additional 680,703 shares in the last quarter. Sei Investments Co. increased its stake in Schwab U.S. Large-Cap Value ETF by 17.6% during the fourth quarter. Sei Investments Co. now owns 10,378,700 shares of the company’s stock worth $727,545,000 after acquiring an additional 1,554,598 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 0.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,853,373 shares of the company’s stock valued at $270,121,000 after purchasing an additional 31,577 shares during the period. Gemmer Asset Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.2% in the 4th quarter. Gemmer Asset Management LLC now owns 1,266,715 shares of the company’s stock valued at $88,797,000 after purchasing an additional 15,600 shares during the last quarter. Finally, Financial Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.6% during the 4th quarter. Financial Advisors LLC now owns 887,328 shares of the company’s stock valued at $62,202,000 after purchasing an additional 4,959 shares during the last quarter.

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

SCHV traded down $0.37 during trading on Monday, reaching $73.71. The company had a trading volume of 557,446 shares, compared to its average volume of 391,328. The business has a 50 day simple moving average of $74.30 and a 200-day simple moving average of $72.75. The stock has a market cap of $10.64 billion, a P/E ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 52 week low of $60.99 and a 52 week high of $76.13.

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.