Short Interest in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Rises By 19.5%

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totaling 2,810,612 shares, an increase of 19.5% from the March 15th total of 2,351,069 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 21,898,001 shares, the days-to-cover ratio is currently 0.1 days.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.3%

NYSEARCA SCHG traded up $0.43 during trading on Friday, hitting $32.56. 9,679,072 shares of the company’s stock were exchanged, compared to its average volume of 17,836,270. The company has a market cap of $53.69 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $22.74 and a fifty-two week high of $33.74. The stock’s 50 day moving average price is $30.36 and its two-hundred day moving average price is $31.72.

Institutional Trading of Schwab U.S. Large-Cap Growth ETF

Hedge funds have recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $511,489,000. Valpey Financial Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock worth $245,365,000 after acquiring an additional 7,752,527 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% in the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after acquiring an additional 6,651,144 shares during the period. Focus Partners Wealth lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% in the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after acquiring an additional 5,728,214 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after acquiring an additional 3,230,427 shares during the period.

Schwab U.S. Large-Cap Growth ETF Company Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.