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

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $31.41 and last traded at $31.26, with a volume of 97096 shares. The stock had previously closed at $31.21.

Schwab US Small-Cap ETF Price Performance

The firm has a market capitalization of $21.61 billion, a P/E ratio of 17.65 and a beta of 1.09. The business’s 50-day moving average is $29.93 and its 200 day moving average is $29.14.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

A number of hedge funds have recently bought and sold shares of SCHA. Brighton Jones LLC increased its position in Schwab US Small-Cap ETF by 182.3% during the fourth quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock worth $1,493,000 after acquiring an additional 37,271 shares during the period. Revolve Wealth Partners LLC increased its holdings in Schwab US Small-Cap ETF by 104.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock valued at $2,587,000 after buying an additional 51,064 shares during the period. Bison Wealth LLC increased its holdings in Schwab US Small-Cap ETF by 97.3% in the 4th quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock valued at $325,000 after buying an additional 6,203 shares during the period. Royal Bank of Canada increased its holdings in Schwab US Small-Cap ETF by 10.9% in the 1st quarter. Royal Bank of Canada now owns 314,680 shares of the company’s stock valued at $7,373,000 after buying an additional 30,971 shares during the period. Finally, AQR Capital Management LLC increased its stake in Schwab US Small-Cap ETF by 7.7% in the first quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock valued at $2,573,000 after acquiring an additional 7,840 shares during 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. 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.