Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Declines By 83.9%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totaling 206,836 shares, a decline of 83.9% from the March 31st total of 1,287,978 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,269,635 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPL Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at approximately $38,000. Acumen Wealth Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at approximately $47,000. Finally, REAP Financial Group LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at approximately $48,000.

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

Schwab U.S. Large-Cap Value ETF stock traded down $0.09 during midday trading on Friday, hitting $32.03. 3,291,222 shares of the company were exchanged, compared to its average volume of 4,649,135. The company’s fifty day moving average price is $31.35 and its 200-day moving average price is $30.38. The company has a market cap of $15.03 billion, a PE ratio of 19.08 and a beta of 0.85. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $25.32 and a fifty-two week high of $32.45.

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.