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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,428,366 shares, a growth of 206.0% from the May 14th total of 466,839 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 3,143,497 shares, the short-interest ratio is currently 0.5 days.

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

Several large investors have recently modified their holdings of SCHV. Valpey Financial Services LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after acquiring an additional 6,043,804 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $68,742,000. Sei Investments Co. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after acquiring an additional 1,295,102 shares during the period. Mather Group LLC. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the fourth 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. Finally, TSG Advice Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at approximately $30,871,000.

Schwab U.S. Large-Cap Value ETF Stock Up 1.0%

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $34.47 on Friday. The firm has a market capitalization of $16.13 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.00 and a 52 week high of $34.56. The firm’s 50 day moving average is $32.61 and its two-hundred day moving average is $31.35.

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.