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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 234,614 shares, a decrease of 22.5% from the December 31st total of 302,607 shares. Based on an average trading volume of 3,245,631 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,245,631 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

Several institutional investors have recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $245,980,000. Sei Investments Co. boosted its position in Schwab U.S. Large-Cap Value ETF by 6.0% in the 2nd quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock valued at $1,191,532,000 after buying an additional 2,420,337 shares during the period. Wellington Management Group LLP purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $68,742,000. Mather Group LLC. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 3.4% during the third quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock worth $992,809,000 after acquiring an additional 1,113,321 shares during the period. Finally, Midwest Trust Co purchased a new position in Schwab U.S. Large-Cap Value ETF in the second quarter valued at $26,161,000.

Schwab U.S. Large-Cap Value ETF Stock Down 0.1%

Shares of Schwab U.S. Large-Cap Value ETF stock traded down $0.04 on Friday, hitting $31.11. 4,104,082 shares of the company were exchanged, compared to its average volume of 3,253,939. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $31.33. The stock has a market capitalization of $14.94 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The company has a 50-day moving average price of $30.06 and a 200 day moving average price of $29.17.

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.