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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 425,096 shares, a growth of 105.5% from the April 15th total of 206,836 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,627,256 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Sei Investments Co. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% during the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after buying an additional 1,295,102 shares during the last quarter. Mather Group LLC. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% during the fourth quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after buying an additional 1,023,339 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.2% during the third quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock valued at $485,751,000 after buying an additional 518,827 shares during the last quarter. Avantax Planning Partners Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.3% during the first quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock valued at $311,633,000 after buying an additional 29,579 shares during the last quarter. Finally, Mariner LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.8% during the fourth quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock valued at $269,542,000 after buying an additional 329,550 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 1.2%

NYSEARCA:SCHV traded down $0.41 during trading hours on Friday, reaching $32.56. The company had a trading volume of 3,808,880 shares, compared to its average volume of 4,406,158. The firm has a market cap of $15.24 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The business’s 50-day simple moving average is $31.47 and its two-hundred day simple moving average is $30.70. Schwab U.S. Large-Cap Value ETF has a twelve month low of $26.21 and a twelve month high of $33.08.

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.