Murphy Middleton Hinkle & Parker Inc. Buys 182,656 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Murphy Middleton Hinkle & Parker Inc. raised its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 255.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 254,217 shares of the company’s stock after buying an additional 182,656 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 3.7% of Murphy Middleton Hinkle & Parker Inc.’s investment portfolio, making the stock its 2nd biggest position. Murphy Middleton Hinkle & Parker Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $6,627,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Copley Financial Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $57,000. Denver PWM LLC raised its position in Schwab U.S. Large-Cap Value ETF by 1.6% during the third quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock valued at $18,539,000 after purchasing an additional 3,607 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in Schwab U.S. Large-Cap Value ETF by 38.4% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock worth $346,000 after purchasing an additional 1,195 shares during the last quarter. Sculati Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 106.6% in the 3rd quarter. Sculati Wealth Management LLC now owns 62,397 shares of the company’s stock valued at $4,741,000 after purchasing an additional 32,192 shares in the last quarter. Finally, Destination Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $278,000.

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

Schwab U.S. Large-Cap Value ETF stock opened at $26.88 on Friday. Schwab U.S. Large-Cap Value ETF has a 52 week low of $22.84 and a 52 week high of $28.19. The stock has a market capitalization of $3.88 billion, a P/E ratio of 17.88 and a beta of 0.77. The stock has a fifty day moving average of $26.86 and a 200-day moving average of $26.36.

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.