Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sets New 12-Month High – Still a Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHAGet Free Report) hit a new 52-week high on Monday . The company traded as high as $35.56 and last traded at $35.50, with a volume of 204017 shares. The stock had previously closed at $35.19.

Schwab US Small-Cap ETF Stock Performance

The stock has a fifty day simple moving average of $33.10 and a 200-day simple moving average of $30.90. The stock has a market cap of $24.38 billion, a P/E ratio of 17.65 and a beta of 1.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. CIBC Private Wealth Group LLC grew its position in Schwab US Small-Cap ETF by 41.3% in the third quarter. CIBC Private Wealth Group LLC now owns 70,203 shares of the company’s stock valued at $1,959,000 after acquiring an additional 20,505 shares during the last quarter. Meriwether Wealth & Planning LLC acquired a new position in Schwab US Small-Cap ETF during the fourth quarter worth about $5,580,000. Integrity Advisory Solutions LLC bought a new position in shares of Schwab US Small-Cap ETF in the third quarter worth about $4,886,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 494.9% in the third quarter. EverSource Wealth Advisors LLC now owns 59,363 shares of the company’s stock worth $1,656,000 after acquiring an additional 49,385 shares during the last quarter. Finally, Dorato Capital Management acquired a new stake in shares of Schwab US Small-Cap ETF in the 4th quarter valued at approximately $2,419,000.

Schwab US Small-Cap ETF Company Profile

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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.

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