Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 12-Month High – Here’s Why

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares reached a new 52-week high on Wednesday . The stock traded as high as $30.74 and last traded at $30.5570, with a volume of 751730 shares changing hands. The stock had previously closed at $30.20.

Schwab US Small-Cap ETF Price Performance

The firm has a market capitalization of $21.03 billion, a PE ratio of 17.65 and a beta of 1.13. The firm’s fifty day moving average is $29.03 and its two-hundred day moving average is $27.85.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Large investors have recently modified their holdings of the company. TFC Financial Management Inc. raised its position in shares of Schwab US Small-Cap ETF by 34.7% during the 4th quarter. TFC Financial Management Inc. now owns 3,243 shares of the company’s stock valued at $92,000 after buying an additional 835 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Schwab US Small-Cap ETF by 106.3% in the fourth quarter. Farther Finance Advisors LLC now owns 168,794 shares of the company’s stock valued at $4,807,000 after acquiring an additional 86,968 shares during the last quarter. Optima Capital LLC raised its position in Schwab US Small-Cap ETF by 7.6% during the fourth quarter. Optima Capital LLC now owns 28,339 shares of the company’s stock valued at $807,000 after purchasing an additional 2,000 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its stake in Schwab US Small-Cap ETF by 10.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 10,868 shares of the company’s stock worth $310,000 after purchasing an additional 1,043 shares during the last quarter. Finally, Gemmer Asset Management LLC lifted its stake in Schwab US Small-Cap ETF by 14.5% during the fourth quarter. Gemmer Asset Management LLC now owns 1,511,541 shares of the company’s stock worth $43,049,000 after purchasing an additional 191,700 shares during the last quarter.

Schwab US Small-Cap ETF Company Profile

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.