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

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVGet Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 134,762 shares, a drop of 58.2% from the August 15th total of 322,284 shares. Based on an average trading volume of 2,818,196 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Schwab U.S. Large-Cap Value ETF Trading Down 1.0%

Shares of SCHV traded down $0.33 during mid-day trading on Monday, reaching $34.16. The company’s stock had a trading volume of 3,776,884 shares, compared to its average volume of 3,931,646. The stock has a market cap of $15.77 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $28.29 and a 52 week high of $35.49. The company’s fifty day moving average price is $34.54 and its two-hundred day moving average price is $33.20.

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

Several institutional investors have recently bought and sold shares of the stock. Avantax Planning Partners Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 0.3% in the first quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after buying an additional 29,579 shares during the period. Mariner LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the fourth quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock valued at $269,542,000 after acquiring an additional 329,550 shares during the period. Valpey Financial Services LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% during 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 last quarter. Krilogy Financial LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 0.5% during the first quarter. Krilogy Financial LLC now owns 2,872,287 shares of the company’s stock valued at $91,339,000 after acquiring an additional 14,078 shares during the last quarter. Finally, Cooper Financial Group boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.6% during the second quarter. Cooper Financial Group now owns 2,276,475 shares of the company’s stock worth $79,244,000 after purchasing an additional 140,501 shares during the period.

Schwab U.S. Large-Cap Value ETF Company Profile

(Get Free Report)

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.

Further Reading

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