Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 1-Year High – Here’s Why

Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $27.36 and last traded at $27.30, with a volume of 50353 shares traded. The stock had previously closed at $26.14.

Schwab US Small-Cap ETF Stock Up 5.2 %

The firm has a market cap of $9.58 billion, a P/E ratio of 14.51 and a beta of 1.19. The firm’s 50-day simple moving average is $25.48 and its 200 day simple moving average is $24.61.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Large investors have recently modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Schwab US Small-Cap ETF during the 1st quarter valued at approximately $206,000. Csenge Advisory Group lifted its position in shares of Schwab US Small-Cap ETF by 12.0% during the first quarter. Csenge Advisory Group now owns 35,610 shares of the company’s stock worth $1,753,000 after purchasing an additional 3,809 shares during the last quarter. Kades & Cheifetz LLC raised its stake in shares of Schwab US Small-Cap ETF by 6.2% during the first quarter. Kades & Cheifetz LLC now owns 18,712 shares of the company’s stock valued at $921,000 after acquiring an additional 1,094 shares in the last quarter. Gill Capital Partners LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 1.9% in the 1st quarter. Gill Capital Partners LLC now owns 122,322 shares of the company’s stock worth $5,634,000 after buying an additional 2,265 shares during the period. Finally, PFG Advisors raised its holdings in shares of Schwab US Small-Cap ETF by 9.0% in the 1st quarter. PFG Advisors now owns 24,208 shares of the company’s stock valued at $1,192,000 after purchasing an additional 2,008 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.