Summit Financial Strategies Inc. lowered its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA – Free Report) by 14.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 634,987 shares of the company’s stock after selling 105,776 shares during the period. Schwab US Small-Cap ETF accounts for approximately 1.6% of Summit Financial Strategies Inc.’s portfolio, making the stock its 16th biggest holding. Summit Financial Strategies Inc. owned approximately 0.09% of Schwab US Small-Cap ETF worth $22,942,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in Schwab US Small-Cap ETF by 182.3% during the 4th quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after acquiring an additional 37,271 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 104.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock worth $2,587,000 after purchasing an additional 51,064 shares during the last quarter. Bison Wealth LLC grew its position in shares of Schwab US Small-Cap ETF by 97.3% in the fourth quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock valued at $325,000 after purchasing an additional 6,203 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Schwab US Small-Cap ETF by 10.9% in the first quarter. Royal Bank of Canada now owns 314,680 shares of the company’s stock valued at $7,373,000 after purchasing an additional 30,971 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Schwab US Small-Cap ETF by 7.7% during the first quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock worth $2,573,000 after buying an additional 7,840 shares in the last quarter.
Schwab US Small-Cap ETF Stock Performance
NYSEARCA SCHA opened at $34.46 on Wednesday. The stock’s fifty day moving average is $34.52 and its two-hundred day moving average is $32.86. The firm has a market capitalization of $23.73 billion, a P/E ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a fifty-two week low of $26.45 and a fifty-two week high of $36.20.
Schwab US Small-Cap ETF 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.
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