Sei Investments Co. Grows Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Sei Investments Co. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 220.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,914,600 shares of the company’s stock after purchasing an additional 26,780,137 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 1.3% of Sei Investments Co.’s investment portfolio, making the stock its 7th biggest position. Sei Investments Co. owned approximately 26.95% of Schwab U.S. Large-Cap Value ETF worth $1,014,504,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Mather Group LLC. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 197.4% during the 4th quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock valued at $833,237,000 after purchasing an additional 21,215,739 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock worth $258,819,000 after acquiring an additional 6,621,242 shares during the period. Gemmer Asset Management LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 206.9% in the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock worth $109,194,000 after acquiring an additional 2,823,773 shares during the period. Savant Capital LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 187.3% in the 4th quarter. Savant Capital LLC now owns 3,456,606 shares of the company’s stock worth $90,114,000 after acquiring an additional 2,253,597 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 212.4% in the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,877,420 shares of the company’s stock worth $75,014,000 after acquiring an additional 1,956,262 shares during the period.

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

Shares of SCHV opened at $26.54 on Friday. The company has a market capitalization of $11.96 billion, a PE ratio of 19.30 and a beta of 0.95. Schwab U.S. Large-Cap Value ETF has a one year low of $23.84 and a one year high of $28.19. The company’s fifty day moving average price is $26.97 and its 200 day moving average price is $26.85.

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.