Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) is Murphy Middleton Hinkle & Parker Inc.’s 8th Largest Position

Murphy Middleton Hinkle & Parker Inc. raised its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 0.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,947 shares of the company’s stock after acquiring an additional 173 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 2.3% of Murphy Middleton Hinkle & Parker Inc.’s portfolio, making the stock its 8th biggest position. Murphy Middleton Hinkle & Parker Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,686,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHV. Ironwood Wealth Management LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 15.2% during the first quarter. Ironwood Wealth Management LLC. now owns 7,557 shares of the company’s stock worth $539,000 after purchasing an additional 997 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 57.5% during the first quarter. JPMorgan Chase & Co. now owns 2,483 shares of the company’s stock worth $178,000 after purchasing an additional 906 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 13.3% during the first quarter. Bank of New York Mellon Corp now owns 9,087 shares of the company’s stock worth $649,000 after purchasing an additional 1,066 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 472.8% during the first quarter. Citigroup Inc. now owns 1,031 shares of the company’s stock worth $74,000 after purchasing an additional 851 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 2.8% during the first quarter. Bank of Montreal Can now owns 15,020 shares of the company’s stock worth $1,089,000 after purchasing an additional 416 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.8 %

Shares of SCHV traded up $0.51 during midday trading on Thursday, reaching $67.61. 52,787 shares of the company were exchanged, compared to its average volume of 383,150. The stock has a 50-day moving average price of $67.76 and a 200-day moving average price of $66.20. The company has a market cap of $9.86 billion, a price-to-earnings ratio of 14.67 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 1-year low of $58.00 and a 1-year high of $69.64.

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.