Schwab US Large-Cap ETF (NYSEARCA:SCHX) Short Interest Update

by · The Markets Daily

Schwab US Large-Cap ETF (NYSEARCA:SCHX – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,393,936 shares, a decline of 49.4% from the April 30th total of 2,753,404 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,779,916 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Schwab US Large-Cap ETF

Several institutional investors have recently modified their holdings of SCHX. Brighton Jones LLC grew its stake in shares of Schwab US Large-Cap ETF by 198.5% in the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after purchasing an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Schwab US Large-Cap ETF by 33.3% in the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after purchasing an additional 15,522 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Schwab US Large-Cap ETF in the second quarter worth $633,000. Baird Financial Group Inc. grew its stake in shares of Schwab US Large-Cap ETF by 25.1% in the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after purchasing an additional 7,045 shares during the last quarter. Finally, Ieq Capital LLC grew its stake in shares of Schwab US Large-Cap ETF by 9.1% in the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after purchasing an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.3%

Shares of NYSEARCA SCHX traded up $0.10 during midday trading on Monday, reaching $29.86. 16,164,791 shares of the company were exchanged, compared to its average volume of 20,601,424. Schwab US Large-Cap ETF has a one year low of $21.81 and a one year high of $29.93. The stock has a market cap of $72.00 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock’s 50-day moving average price is $27.69 and its 200-day moving average price is $27.20.

About Schwab US Large-Cap ETF

(Get Free Report)

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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