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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 302,607 shares, a decline of 40.3% from the December 15th total of 507,244 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 3,274,778 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 3,274,778 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vantagepoint Investment Advisers LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $245,980,000. Sei Investments Co. lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 6.0% during the 2nd quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock valued at $1,191,532,000 after acquiring an additional 2,420,337 shares during the period. Wellington Management Group LLP purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $68,742,000. Mather Group LLC. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.4% in the 3rd quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock worth $992,809,000 after acquiring an additional 1,113,321 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth approximately $30,071,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.1%

NYSEARCA:SCHV traded up $0.03 during trading hours on Friday, reaching $30.96. 3,177,105 shares of the company’s stock were exchanged, compared to its average volume of 3,239,355. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $31.02. The firm has a market capitalization of $14.87 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The company has a 50-day moving average of $29.61 and a 200 day moving average of $28.94.

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.