Sovereign Financial Group Inc. Raises Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Sovereign Financial Group Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 193.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,214 shares of the company’s stock after acquiring an additional 17,295 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $683,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Copley Financial Group Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $57,000. Denver PWM LLC boosted its stake 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 worth $18,539,000 after buying an additional 3,607 shares during the period. Pine Valley Investments Ltd Liability Co increased its position in shares of 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 valued at $346,000 after acquiring an additional 1,195 shares during the last quarter. Sculati Wealth Management LLC raised its stake 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 acquiring an additional 32,192 shares during the period. Finally, Destination Wealth Management acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $278,000.

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

NYSEARCA:SCHV opened at $26.18 on Wednesday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $22.84 and a fifty-two week high of $28.19. The company has a 50 day moving average price of $26.91 and a 200 day moving average price of $26.32. The stock has a market capitalization of $3.78 billion, a P/E ratio of 17.88 and a beta of 0.77.

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.