Procyon Advisors LLC Takes $685,000 Position in Schwab US Small-Cap ETF $SCHA

Procyon Advisors LLC bought a new position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 24,537 shares of the company’s stock, valued at approximately $685,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHA. Brighton Jones LLC increased its position in shares of Schwab US Small-Cap ETF by 182.3% in the fourth quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after acquiring an additional 37,271 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Small-Cap ETF by 104.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock worth $2,587,000 after purchasing an additional 51,064 shares during the last quarter. Bison Wealth LLC increased its holdings in Schwab US Small-Cap ETF by 97.3% during the 4th quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock valued at $325,000 after purchasing an additional 6,203 shares during the period. Royal Bank of Canada raised its position in Schwab US Small-Cap ETF by 10.9% during the 1st quarter. Royal Bank of Canada now owns 314,680 shares of the company’s stock valued at $7,373,000 after purchasing an additional 30,971 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in Schwab US Small-Cap ETF by 7.7% during the 1st quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock valued at $2,573,000 after purchasing an additional 7,840 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA stock opened at $30.54 on Friday. The firm has a market cap of $21.03 billion, a P/E ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a fifty-two week low of $20.04 and a fifty-two week high of $30.73. The business’s 50 day moving average price is $28.74 and its 200-day moving average price is $27.69.

About Schwab US Small-Cap ETF

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 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. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.