Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sets New 52-Week High – Time to Buy?

Shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $51.80 and last traded at $51.80, with a volume of 326692 shares trading hands. The stock had previously closed at $51.26.

Schwab International Small-Cap Equity ETF Price Performance

The stock has a 50-day simple moving average of $49.06 and a 200-day simple moving average of $49.20. The stock has a market cap of $5.78 billion, a P/E ratio of 16.25 and a beta of 0.91.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of SCHC. TIAA Trust National Association raised its stake in Schwab International Small-Cap Equity ETF by 15.2% during the 4th quarter. TIAA Trust National Association now owns 4,177,112 shares of the company’s stock worth $190,184,000 after buying an additional 550,585 shares during the period. Jane Street Group LLC purchased a new stake in Schwab International Small-Cap Equity ETF during the fourth quarter worth about $72,177,000. Corient Private Wealth LLC lifted its position in shares of Schwab International Small-Cap Equity ETF by 23.9% during the 2nd quarter. Corient Private Wealth LLC now owns 1,439,930 shares of the company’s stock valued at $61,327,000 after buying an additional 277,694 shares during the last quarter. State Street Corp grew its stake in Schwab International Small-Cap Equity ETF by 4.2% in the 4th quarter. State Street Corp now owns 1,237,398 shares of the company’s stock valued at $56,339,000 after buying an additional 50,350 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of Schwab International Small-Cap Equity ETF by 8.1% during the fourth quarter. Focus Partners Wealth now owns 1,030,190 shares of the company’s stock valued at $46,905,000 after buying an additional 76,802 shares during the period.

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.