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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 494,771 shares, a growth of 26.8% from the February 12th total of 390,097 shares. Based on an average trading volume of 4,904,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,904,700 shares, the days-to-cover ratio is presently 0.1 days.

Schwab U.S. Large-Cap Value ETF Price Performance

Shares of Schwab U.S. Large-Cap Value ETF stock traded up $0.24 during midday trading on Monday, reaching $30.93. The company had a trading volume of 5,814,503 shares, compared to its average volume of 4,187,100. The stock has a fifty day moving average price of $31.37 and a 200 day moving average price of $29.95. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.08 and a fifty-two week high of $32.45. The firm has a market cap of $14.86 billion, a PE ratio of 19.08 and a beta of 0.90.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Sei Investments Co. increased its position 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 worth $1,291,242,000 after buying an additional 1,295,102 shares during the period. Mather Group LLC. lifted its holdings in 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 buying an additional 1,023,339 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 3.2% in 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 period. Osaic Holdings Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.7% during the second quarter. Osaic Holdings Inc. now owns 11,980,931 shares of the company’s stock valued at $331,516,000 after acquiring an additional 426,274 shares during the last quarter. Finally, Avantax Planning Partners Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 1.1% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,187,907 shares of the company’s stock valued at $301,664,000 after acquiring an additional 108,122 shares during the last quarter.

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.