Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 12-Month High – Should You Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $34.66 and last traded at $34.52, with a volume of 166414 shares changing hands. The stock had previously closed at $34.44.

Schwab US Small-Cap ETF Price Performance

The firm has a market cap of $24.01 billion, a P/E ratio of 17.65 and a beta of 1.10. The firm’s 50-day moving average price is $32.48 and its 200 day moving average price is $30.62.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Valpey Financial Services LLC boosted its holdings in Schwab US Small-Cap ETF by 2,689.1% in the fourth quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock worth $103,632,000 after purchasing an additional 3,508,286 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Schwab US Small-Cap ETF by 164.9% during the fourth quarter. Corient Private Wealth LLC now owns 3,613,460 shares of the company’s stock worth $102,911,000 after purchasing an additional 2,249,591 shares during the period. 93 Financial Group LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth $47,509,000. Bank of America Corp DE lifted its position in shares of Schwab US Small-Cap ETF by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after buying an additional 962,262 shares during the last quarter. Finally, FIDELIS iM LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 409.7% in the 4th quarter. FIDELIS iM LLC now owns 822,969 shares of the company’s stock valued at $23,438,000 after buying an additional 661,509 shares during the period.

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.