UNIVEST FINANCIAL Corp Buys $10 Million Stake in Sherwin-Williams
UNIVEST FINANCIAL Corp acquired 29,118 shares of The Sherwin-Williams Company (NYSE:SHW) in its second-quarter 13F filing with the Securities and Exchange Commission. This new position is valued at approximately $10 million.
The firm's purchase of SHW stock was not the only change to institutional ownership of the company during this period. Several other hedge funds, including BlackRock Inc., Norges Bank, and Bank of New York Mellon Corp, bought new stakes in SHW.
UNIVEST FINANCIAL Corp's investment in Sherwin-Williams is among a large number of institutional investors that own shares of the company. Currently, 77.67% of SHW stock is held by institutional investors.