Schwab US Large-Cap ETF (NYSEARCA:SCHX – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,136,008 shares, a growth of 205.7% from the May 31st total of 1,352,779 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 15,332,528 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in Schwab US Large-Cap ETF during the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter worth $26,000. Optima Capital LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at $29,000. Tidemark LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC boosted its stake in Schwab US Large-Cap ETF by 510.5% during the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after buying an additional 1,118 shares in the last quarter.
Schwab US Large-Cap ETF Stock Up 0.3%
Schwab US Large-Cap ETF stock traded up $0.09 during trading hours on Tuesday, hitting $29.30. 798,388 shares of the company traded hands, compared to its average volume of 19,448,646. The firm has a market cap of $70.65 billion, a P/E ratio of 25.66 and a beta of 1.01. The firm’s 50-day simple moving average is $28.99 and its two-hundred day simple moving average is $27.59. Schwab US Large-Cap ETF has a 1-year low of $24.36 and a 1-year high of $29.95.
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.
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