Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Reaches New 12-Month High – Here’s Why

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $51.80 and last traded at $51.80, with a volume of 326692 shares traded. The stock had previously closed at $51.26.

Schwab International Small-Cap Equity ETF Stock Performance

The stock has a market cap of $5.78 billion, a P/E ratio of 16.25 and a beta of 0.91. The firm has a 50 day simple moving average of $49.06 and a two-hundred day simple moving average of $49.20.

Hedge Funds Weigh In On Schwab International Small-Cap Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Cassaday & Co Wealth Management LLC acquired a new stake in Schwab International Small-Cap Equity ETF in the 1st quarter valued at about $25,000. Activest Wealth Management bought a new stake in Schwab International Small-Cap Equity ETF in the 4th quarter valued at $28,000. IMG Wealth Management Inc. acquired a new position in Schwab International Small-Cap Equity ETF during the 4th quarter worth approximately $31,000. Palisade Asset Management LLC bought a new position in shares of Schwab International Small-Cap Equity ETF in the 3rd quarter valued at about $31,000. Finally, Whittier Trust Co. raised its position in Schwab International Small-Cap Equity ETF by 100.0% during the first quarter. Whittier Trust Co. now owns 684 shares of the company’s stock worth $32,000 after acquiring an additional 342 shares in the last quarter.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.