Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,735,343 shares, a drop of 42.4% from the April 30th total of 3,013,677 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,484,316 shares, the days-to-cover ratio is presently 0.1 days.
Schwab U.S. Large-Cap Growth ETF Price Performance
Schwab U.S. Large-Cap Growth ETF stock traded down $0.20 during midday trading on Tuesday, reaching $35.10. The company had a trading volume of 7,114,369 shares, compared to its average volume of 16,242,215. The company has a market capitalization of $59.33 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.68 and a 12-month high of $35.42. The firm’s fifty day simple moving average is $32.22 and its 200-day simple moving average is $31.99.
Institutional Trading of Schwab U.S. Large-Cap Growth ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Duncker Streett & Co. Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 0.4% in the 4th quarter. Duncker Streett & Co. Inc. now owns 74,707 shares of the company’s stock valued at $2,437,000 after buying an additional 312 shares during the period. WMG Financial Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 2.1% in the 1st quarter. WMG Financial Advisors LLC now owns 15,713 shares of the company’s stock valued at $458,000 after buying an additional 323 shares during the period. Woodmont Investment Counsel LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 0.8% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 40,616 shares of the company’s stock valued at $1,296,000 after buying an additional 325 shares during the period. CPC Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 2.3% in the 4th quarter. CPC Advisors LLC now owns 14,719 shares of the company’s stock valued at $480,000 after buying an additional 325 shares during the period. Finally, AssuredPartners Investment Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 3.6% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 9,384 shares of the company’s stock valued at $306,000 after buying an additional 326 shares during the period.
Schwab U.S. Large-Cap Growth ETF Company Profile
Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.
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