Sei Investments Co. Sells 4,574,972 Shares of Schwab US Large-Cap ETF $SCHX

Sei Investments Co. cut its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 12.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,394,167 shares of the company’s stock after selling 4,574,972 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 0.9% of Sei Investments Co.’s holdings, making the stock its 14th biggest holding. Sei Investments Co. owned approximately 1.35% of Schwab US Large-Cap ETF worth $826,922,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. DiNuzzo Private Wealth Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 61.2% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after purchasing an additional 415 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in Schwab US Large-Cap ETF in the third quarter worth $43,000. Manning & Napier Advisors LLC boosted its position in Schwab US Large-Cap ETF by 31.4% during the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after buying an additional 405 shares during the period. PFS Partners LLC purchased a new stake in Schwab US Large-Cap ETF during the third quarter valued at about $47,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at about $49,000.

Schwab US Large-Cap ETF Trading Down 1.5%

SCHX opened at $26.25 on Friday. The company has a market cap of $62.05 billion, a P/E ratio of 25.66 and a beta of 1.01. The business’s 50-day moving average price is $27.11 and its 200-day moving average price is $26.71. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.54.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.