Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Significant Decline in Short Interest

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 227,501 shares, a drop of 84.1% from the May 31st total of 1,428,366 shares. Based on an average daily trading volume, of 4,838,095 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth approximately $27,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at approximately $32,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $38,000. Finally, Strategic Wealth Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 95.6% in the first quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares in the last quarter.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $34.84 on Friday. The company has a market cap of $16.31 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a one year low of $27.30 and a one year high of $35.05. The firm has a fifty day moving average of $33.21 and a two-hundred day moving average of $31.69.

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.