JPMorgan Chase & Co. Cuts Stake in Schwab US Small-Cap ETF $SCHA

JPMorgan Chase & Co. reduced its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 9.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 846,317 shares of the company’s stock after selling 93,212 shares during the period. JPMorgan Chase & Co. owned about 0.12% of Schwab US Small-Cap ETF worth $23,612,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. purchased a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter valued at $28,000. Kiker Wealth Management LLC purchased a new position in Schwab US Small-Cap ETF in the 3rd quarter worth $31,000. Fifth Third Bancorp lifted its stake in Schwab US Small-Cap ETF by 46.0% in the third quarter. Fifth Third Bancorp now owns 1,273 shares of the company’s stock worth $36,000 after purchasing an additional 401 shares during the last quarter. Triumph Capital Management bought a new stake in Schwab US Small-Cap ETF in the third quarter worth $39,000. Finally, First Horizon Corp purchased a new stake in Schwab US Small-Cap ETF during the third quarter valued at about $45,000.

Schwab US Small-Cap ETF Trading Up 0.7%

Shares of NYSEARCA:SCHA opened at $29.24 on Wednesday. The stock’s 50-day moving average price is $30.16 and its 200-day moving average price is $28.96. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $31.25. The stock has a market capitalization of $20.13 billion, a P/E ratio of 17.65 and a beta of 1.13.

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. 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.