Schwab US Large-Cap ETF (NYSEARCA:SCHX) Short Interest Down 41.9% in July

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,905,478 shares, a drop of 41.9% from the June 30th total of 3,280,679 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 10,354,338 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

Several institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC raised its stake in Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after buying an additional 7,775,179 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter worth about $86,562,000. Financial Solutions Advisory Group Inc. acquired a new position in shares of Schwab US Large-Cap ETF during the 1st quarter worth about $70,778,000. Scarborough Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the 1st quarter worth about $60,491,000. Finally, Fund Evaluation Group LLC increased its holdings in shares of Schwab US Large-Cap ETF by 32.4% in the 4th quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock valued at $255,445,000 after acquiring an additional 2,325,216 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 1.5%

NYSEARCA SCHX traded up $0.44 on Thursday, hitting $29.25. 7,681,453 shares of the stock were exchanged, compared to its average volume of 18,071,756. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95. The company has a market cap of $71.33 billion, a PE ratio of 25.66 and a beta of 1.00. The company has a 50-day moving average price of $29.37 and a 200-day moving average price of $27.96.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.