Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sees Large Volume Increase – Still a Buy?

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) shares saw unusually-high trading volume on Monday. Approximately 730,836 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 410,684 shares. The stock last traded at $48.4080 and had previously closed at $47.89.

Schwab International Small-Cap Equity ETF Price Performance

The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 16.25 and a beta of 0.94. The business has a fifty day moving average price of $49.82 and a two-hundred day moving average price of $49.32.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Mather Group LLC. acquired a new position in Schwab International Small-Cap Equity ETF in the third quarter valued at $54,336,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Schwab International Small-Cap Equity ETF by 10.3% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 857,100 shares of the company’s stock valued at $40,061,000 after buying an additional 79,946 shares during the last quarter. Charles Schwab Trust Co lifted its stake in shares of Schwab International Small-Cap Equity ETF by 0.6% during the third quarter. Charles Schwab Trust Co now owns 622,619 shares of the company’s stock valued at $30,969,000 after buying an additional 3,414 shares during the period. Vise Technologies Inc. raised its stake in Schwab International Small-Cap Equity ETF by 6.6% during the third quarter. Vise Technologies Inc. now owns 523,754 shares of the company’s stock worth $26,052,000 after purchasing an additional 32,585 shares during the period. Finally, Diversify Advisory Services LLC increased its position in shares of Schwab International Small-Cap Equity ETF by 7.0% in the third quarter. Diversify Advisory Services LLC now owns 371,943 shares of the company’s stock worth $18,125,000 after acquiring an additional 24,437 shares in the last quarter.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.