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

Schwab US Small-Cap ETF (NYSEARCA:SCHAGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $30.74 and last traded at $30.5570, with a volume of 751730 shares. The stock had previously closed at $30.20.

Schwab US Small-Cap ETF Stock Up 2.1%

The business has a fifty day simple moving average of $28.84 and a two-hundred day simple moving average of $27.78. The company has a market capitalization of $21.23 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Hedge funds have recently made changes to their positions in the company. SYM FINANCIAL Corp acquired a new stake in shares of Schwab US Small-Cap ETF during the second quarter worth approximately $28,000. Godsey & Gibb Inc. bought a new position in Schwab US Small-Cap ETF in the 3rd quarter valued at $28,000. Hoey Investments Inc. acquired a new position in Schwab US Small-Cap ETF in the second quarter worth $29,000. Hantz Financial Services Inc. increased its stake in shares of Schwab US Small-Cap ETF by 111.7% in the second quarter. Hantz Financial Services Inc. now owns 1,137 shares of the company’s stock valued at $29,000 after buying an additional 600 shares in the last quarter. Finally, Crowley Wealth Management Inc. raised its holdings in shares of Schwab US Small-Cap ETF by 50.0% in the second quarter. Crowley Wealth Management Inc. now owns 1,200 shares of the company’s stock valued at $30,000 after buying an additional 400 shares during the last quarter.

About Schwab US Small-Cap ETF

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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.

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