Schwab US Large-Cap ETF (NYSEARCA:SCHX – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,905,478 shares, a drop of 41.9% from the June 30th total of 3,280,679 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 10,354,338 shares, the short-interest ratio is currently 0.2 days.
Schwab US Large-Cap ETF Stock Up 0.6%
NYSEARCA SCHX traded up $0.19 during trading on Friday, reaching $29.44. 9,643,279 shares of the stock traded hands, compared to its average volume of 18,013,637. The firm has a market cap of $71.80 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The stock’s 50-day moving average price is $29.37 and its 200 day moving average price is $27.98. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95.
Hedge Funds Weigh In On Schwab US Large-Cap ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new position in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth about $26,000. Optima Capital LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth about $29,000. Tidemark LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew its position in shares of Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after purchasing an additional 1,118 shares during the period.
Schwab US Large-Cap ETF Company 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.
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