Sovran Advisors LLC Purchases 18,995 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Sovran Advisors LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 64.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,307 shares of the company’s stock after buying an additional 18,995 shares during the period. Sovran Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,494,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at approximately $26,000. Total Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth approximately $41,000. REAP Financial Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $48,000. United Financial Planning Group LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $61,000. Finally, Caldwell Trust Co bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth approximately $62,000.

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

NYSEARCA SCHV opened at $30.68 on Monday. The firm’s 50 day moving average is $31.31 and its 200-day moving average is $30.12. The company has a market capitalization of $14.91 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $32.45.

Schwab U.S. Large-Cap Value ETF Company 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. 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.