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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 1,085,361 shares, a growth of 377.1% from the June 15th total of 227,501 shares. Based on an average daily volume of 3,376,261 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Valpey Financial Services LLC grew its position in Schwab U.S. Large-Cap Value ETF by 2,913.4% during the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock worth $185,099,000 after buying an additional 6,043,804 shares in the last quarter. Wellington Management Group LLP acquired a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $68,742,000. Mather Group LLC. lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 3.0% during the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after acquiring an additional 1,023,339 shares during the period. TSG Advice Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at $30,871,000. Finally, World Investment Advisors grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 101.6% during the 1st quarter. World Investment Advisors now owns 1,977,398 shares of the company’s stock worth $60,311,000 after purchasing an additional 996,424 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.5%

NYSEARCA SCHV traded down $0.17 during trading on Monday, reaching $34.22. The company’s stock had a trading volume of 1,400,889 shares, compared to its average volume of 4,149,952. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.39 and a 12 month high of $35.05. The firm has a 50 day moving average price of $33.80 and a 200 day moving average price of $32.10.

About Schwab U.S. Large-Cap Value ETF

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.