Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sets New 52-Week High – Here’s What Happened

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.23 and last traded at $26.17, with a volume of 365257 shares changing hands. The stock had previously closed at $25.99.

Schwab US Small-Cap ETF Stock Performance

The company has a market capitalization of $9.19 billion, a PE ratio of 14.51 and a beta of 1.19. The business has a fifty day moving average price of $48.23 and a 200 day moving average price of $48.03.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Institutional investors have recently modified their holdings of the stock. Strategic Financial Concepts LLC increased its position in Schwab US Small-Cap ETF by 3,222.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,263,925 shares of the company’s stock valued at $997,000 after acquiring an additional 2,195,778 shares during the period. Charles Schwab Investment Advisory Inc. raised its position in shares of Schwab US Small-Cap ETF by 2.3% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 76,381,367 shares of the company’s stock worth $3,761,019,000 after buying an additional 1,743,851 shares in the last quarter. BlueSky Wealth Advisors LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the 2nd quarter worth approximately $19,904,000. Cetera Investment Advisers boosted its holdings in shares of Schwab US Small-Cap ETF by 479.7% in the first quarter. Cetera Investment Advisers now owns 364,808 shares of the company’s stock valued at $17,963,000 after acquiring an additional 301,873 shares in the last quarter. Finally, TruNorth Capital Management LLC bought a new stake in Schwab US Small-Cap ETF during the first quarter worth approximately $14,741,000.

About Schwab US Small-Cap ETF

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.