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

by · The Cerbat Gem

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Get Free Report) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 302,607 shares, a decline of 40.3% from the December 15th total of 507,244 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 3,274,778 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 3,274,778 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Schwab U.S. Large-Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Abound Wealth Management increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 993.1% during the 2nd quarter. Abound Wealth Management now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 864 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $26,000. Keener Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth $34,000. Total Investment Management Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at $41,000. Finally, REAP Financial Group LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at $48,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.1%

Shares of SCHV stock traded up $0.03 during mid-day trading on Friday, reaching $30.96. The stock had a trading volume of 3,177,105 shares, compared to its average volume of 3,239,355. The company has a market cap of $14.87 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $31.02. The business has a 50-day simple moving average of $29.61 and a 200 day simple moving average of $28.94.

About Schwab U.S. Large-Cap Value ETF

(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.

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