Powers Advisory Group LLC Has $3.89 Million Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Powers Advisory Group LLC increased its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 3.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,014 shares of the company’s stock after purchasing an additional 2,835 shares during the period. Schwab US Small-Cap ETF makes up 2.2% of Powers Advisory Group LLC’s portfolio, making the stock its 14th biggest position. Powers Advisory Group LLC’s holdings in Schwab US Small-Cap ETF were worth $3,891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHA. Hamilton Point Investment Advisors LLC bought a new stake in Schwab US Small-Cap ETF during the fourth quarter worth about $25,000. Tennessee Valley Asset Management Partners bought a new stake in Schwab US Small-Cap ETF during the 4th quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in Schwab US Small-Cap ETF in the 4th quarter valued at about $29,000. First Horizon Advisors Inc. raised its stake in shares of Schwab US Small-Cap ETF by 126.3% in the fourth quarter. First Horizon Advisors Inc. now owns 801 shares of the company’s stock worth $38,000 after acquiring an additional 447 shares during the last quarter. Finally, VisionPoint Advisory Group LLC acquired a new position in shares of Schwab US Small-Cap ETF during the third quarter worth approximately $50,000.

Schwab US Small-Cap ETF Stock Performance

SCHA traded up $0.07 during mid-day trading on Thursday, reaching $47.23. The stock had a trading volume of 387,006 shares, compared to its average volume of 1,054,295. The firm’s fifty day simple moving average is $47.55 and its two-hundred day simple moving average is $47.15. The stock has a market capitalization of $16.46 billion, a P/E ratio of 14.51 and a beta of 1.19. Schwab US Small-Cap ETF has a 52 week low of $38.05 and a 52 week high of $49.54.

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.