IFS Advisors LLC Has $4.10 Million Holdings in Schwab US Small-Cap ETF $SCHA

IFS Advisors LLC boosted its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 175.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 144,011 shares of the company’s stock after purchasing an additional 91,730 shares during the quarter. Schwab US Small-Cap ETF accounts for 2.1% of IFS Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. IFS Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $4,101,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in Schwab US Small-Cap ETF by 5.3% during the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after purchasing an additional 962,262 shares in the last quarter. Sei Investments Co. raised its stake in shares of Schwab US Small-Cap ETF by 8.0% in the second quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock worth $391,681,000 after purchasing an additional 1,144,820 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab US Small-Cap ETF by 6.0% in the third 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 in the last quarter. UBS Group AG lifted its holdings in shares of Schwab US Small-Cap ETF by 7.1% in the third quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock valued at $114,306,000 after purchasing an additional 271,629 shares in the last quarter. Finally, Advisory Alpha LLC boosted its position in shares of Schwab US Small-Cap ETF by 9.4% during the third quarter. Advisory Alpha LLC now owns 4,023,752 shares of the company’s stock valued at $112,971,000 after buying an additional 346,784 shares during the last quarter.

Schwab US Small-Cap ETF Trading Up 2.1%

Shares of Schwab US Small-Cap ETF stock opened at $29.05 on Tuesday. The stock has a fifty day simple moving average of $30.18 and a 200 day simple moving average of $28.95. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $31.25. The company has a market capitalization of $20.00 billion, a P/E ratio of 17.65 and a beta of 1.13.

Schwab US Small-Cap ETF 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.