Schwab US Small-Cap ETF $SCHA Shares Sold by Downshift Financial LLC

Downshift Financial LLC lowered its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 21.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,329 shares of the company’s stock after selling 30,885 shares during the quarter. Schwab US Small-Cap ETF makes up 1.8% of Downshift Financial LLC’s holdings, making the stock its 15th largest position. Downshift Financial LLC’s holdings in Schwab US Small-Cap ETF were worth $3,649,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SCHA. Morton Brown Family Wealth LLC purchased a new position in shares of Schwab US Small-Cap ETF in the fourth quarter valued at approximately $30,000. Tompkins Financial Corp grew its holdings in shares of Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after purchasing an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new position in Schwab US Small-Cap ETF in the 4th quarter valued at about $31,000. Stephens Consulting LLC raised its position in shares of Schwab US Small-Cap ETF by 3,108.3% during the 4th quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after buying an additional 1,119 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new position in Schwab US Small-Cap ETF in the fourth quarter worth approximately $34,000.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA:SCHA opened at $35.40 on Tuesday. The company has a 50 day moving average price of $33.91 and a 200 day moving average price of $31.40. Schwab US Small-Cap ETF has a fifty-two week low of $24.95 and a fifty-two week high of $36.20. The stock has a market capitalization of $24.37 billion, a P/E ratio of 17.65 and a beta of 1.09.

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.