Morris Financial Concepts Inc. Sells 1,408 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Morris Financial Concepts Inc. lowered its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 22.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,773 shares of the company’s stock after selling 1,408 shares during the period. 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 hedge funds also recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 4.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 18,379 shares of the company’s stock worth $1,185,000 after buying an additional 822 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 242.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,830 shares of the company’s stock valued at $505,000 after purchasing an additional 5,544 shares in the last quarter. KPP Advisory Services LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter worth approximately $1,854,000. Shepherd Kaplan Krochuk LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 2.3% in the third quarter. Shepherd Kaplan Krochuk LLC now owns 87,129 shares of the company’s stock valued at $5,616,000 after buying an additional 1,963 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.3% during the 3rd quarter. Sei Investments Co. now owns 8,824,102 shares of the company’s stock worth $568,801,000 after buying an additional 445,094 shares in the last quarter.

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

Shares of NYSEARCA:SCHV traded down $0.37 during mid-day trading on Monday, hitting $73.71. The company had a trading volume of 557,446 shares, compared to its average volume of 391,328. The company has a market capitalization of $10.64 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a one year low of $60.99 and a one year high of $76.13. The firm has a fifty day moving average price of $74.30 and a 200 day moving average price of $72.75.

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.