Sun Financial Inc Takes Position in Schwab U.S. Large-Cap Value ETF $SCHV

Sun Financial Inc acquired a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 219,992 shares of the company’s stock, valued at approximately $6,514,000. Schwab U.S. Large-Cap Value ETF accounts for approximately 3.6% of Sun Financial Inc’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also modified their holdings of SCHV. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $245,980,000. Wellington Management Group LLP acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $68,742,000. Sei Investments Co. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the 3rd quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after purchasing an additional 1,295,102 shares during the period. Mather Group LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after purchasing an additional 1,023,339 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock valued at $485,751,000 after purchasing an additional 518,827 shares during the period.

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

SCHV stock opened at $32.36 on Monday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $25.82 and a twelve month high of $32.60. The business’s fifty day moving average is $31.35 and its 200-day moving average is $30.48. The company has a market cap of $15.15 billion, a P/E ratio of 19.08 and a beta of 0.83.

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. 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.