Focus Financial Network Inc. Cuts Stock Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Focus Financial Network Inc. lowered its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,019,898 shares of the company’s stock after selling 11,159 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 1.1% of Focus Financial Network Inc.’s portfolio, making the stock its 15th largest position. Focus Financial Network Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $27,109,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SCHV. Financial Engines Advisors L.L.C. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 184.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 55,360,772 shares of the company’s stock worth $1,443,255,000 after purchasing an additional 35,884,431 shares in the last quarter. Sei Investments Co. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 220.7% during the fourth quarter. Sei Investments Co. now owns 38,914,600 shares of the company’s stock valued at $1,014,504,000 after buying an additional 26,780,137 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 228.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock valued at $415,209,000 after buying an additional 11,074,601 shares during the last quarter. Avantax Planning Partners Inc. increased 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 buying an additional 6,621,242 shares in the last quarter. Finally, Mariner LLC raised its position in Schwab U.S. Large-Cap Value ETF by 199.0% in the 4th quarter. Mariner LLC now owns 7,950,753 shares of the company’s stock worth $207,275,000 after buying an additional 5,291,706 shares during the last quarter.

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

SCHV opened at $27.25 on Wednesday. The company’s 50-day simple moving average is $25.92 and its two-hundred day simple moving average is $26.53. The stock has a market capitalization of $12.33 billion, a P/E ratio of 19.08 and a beta of 0.89. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $28.19.

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.