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

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $30.24 and last traded at $30.1990, with a volume of 4052 shares traded. The stock had previously closed at $30.16.

Schwab US Small-Cap ETF Price Performance

The firm has a market cap of $20.69 billion, a P/E ratio of 17.65 and a beta of 1.13. The company’s 50-day moving average is $28.53 and its two-hundred day moving average is $27.58.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 26.7% in the 2nd quarter. Empower Advisory Group LLC now owns 33,442,998 shares of the company’s stock valued at $846,108,000 after purchasing an additional 7,049,998 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Schwab US Small-Cap ETF by 5.3% in the second quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after acquiring an additional 962,262 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Schwab US Small-Cap ETF by 8.0% in the 2nd quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock valued at $391,681,000 after purchasing an additional 1,144,820 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab US Small-Cap ETF by 6.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,241,527 shares of the company’s stock valued at $146,239,000 after purchasing an additional 297,189 shares during the last quarter. Finally, Creative Planning increased its position in Schwab US Small-Cap ETF by 3.1% during the 2nd quarter. Creative Planning now owns 4,689,773 shares of the company’s stock worth $118,651,000 after purchasing an additional 140,068 shares in 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.