Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 1-Year High – What’s Next?

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares hit a new 52-week high during trading on Monday . The stock traded as high as $33.65 and last traded at $33.52, with a volume of 157705 shares traded. The stock had previously closed at $33.46.

Schwab US Small-Cap ETF Stock Performance

The stock has a market capitalization of $22.78 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. The company has a fifty day simple moving average of $30.61 and a 200 day simple moving average of $29.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SCHA. Brighton Jones LLC lifted its stake in shares of Schwab US Small-Cap ETF by 182.3% in the 4th quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after purchasing an additional 37,271 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of 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 purchasing an additional 51,064 shares during the period. Bison Wealth LLC lifted its stake in shares of 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 purchasing an additional 6,203 shares during the period. Royal Bank of Canada lifted its stake in shares of 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 purchasing an additional 30,971 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Schwab US Small-Cap ETF by 7.7% in the 1st quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock valued at $2,573,000 after purchasing an additional 7,840 shares during the period.

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. 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.