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

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares reached a new 52-week high on Thursday . The company traded as high as $28.82 and last traded at $28.8460, with a volume of 210469 shares changing hands. The stock had previously closed at $28.72.

Schwab US Small-Cap ETF Stock Performance

The firm’s fifty day moving average is $27.94 and its 200-day moving average is $26.67. The company has a market capitalization of $19.89 billion, a P/E ratio of 17.65 and a beta of 1.13.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. IFP Advisors Inc boosted its holdings in shares of Schwab US Small-Cap ETF by 3.4% during the 3rd quarter. IFP Advisors Inc now owns 194,276 shares of the company’s stock valued at $5,420,000 after acquiring an additional 6,475 shares in the last quarter. Investment Research Partners LLC bought a new position in Schwab US Small-Cap ETF in the third quarter valued at about $348,000. CIBC Private Wealth Group LLC boosted its stake in shares of Schwab US Small-Cap ETF by 41.3% during the third quarter. CIBC Private Wealth Group LLC now owns 70,203 shares of the company’s stock valued at $1,959,000 after purchasing an additional 20,505 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Schwab US Small-Cap ETF during the third quarter valued at about $2,520,000. Finally, Portus Wealth Advisors LLC bought a new stake in shares of Schwab US Small-Cap ETF during the third quarter worth about $315,000.

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.