Schwab US Large-Cap ETF (NYSEARCA:SCHX) Short Interest Update

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,393,936 shares, a decrease of 49.4% from the April 30th total of 2,753,404 shares. Based on an average daily volume of 13,779,916 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX traded up $0.10 during trading on Monday, hitting $29.86. 16,164,791 shares of the company traded hands, compared to its average volume of 20,601,424. The business’s fifty day moving average is $27.69 and its 200 day moving average is $27.20. Schwab US Large-Cap ETF has a fifty-two week low of $21.81 and a fifty-two week high of $29.93. The firm has a market capitalization of $72.00 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SCHX. Brighton Jones LLC raised its holdings in shares of Schwab US Large-Cap ETF by 198.5% in the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after acquiring an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter worth about $633,000. Baird Financial Group Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after acquiring an additional 7,045 shares during the last quarter. Finally, Ieq Capital LLC raised its holdings in shares of Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after acquiring an additional 20,758 shares during the last quarter.

About Schwab US Large-Cap ETF

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.