Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Decreases By 84.1%

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

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPL Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at about $27,000. Ascentis Independent Advisors purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $32,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at about $38,000. Finally, Strategic Wealth Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after purchasing an additional 746 shares during the period.

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

SCHV stock traded down $0.38 during midday trading on Friday, reaching $34.46. 4,557,987 shares of the company were exchanged, compared to its average volume of 4,273,914. The company has a market cap of $16.13 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.39 and a 1-year high of $35.05. The stock’s 50-day simple moving average is $33.27 and its 200 day simple moving average is $31.71.

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.