Lee Financial Co Makes New $4.02 Million Investment in Schwab US Small-Cap ETF $SCHA

Lee Financial Co purchased a new stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 123,196 shares of the company’s stock, valued at approximately $4,020,000. Schwab US Small-Cap ETF accounts for about 0.5% of Lee Financial Co’s portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHA. Angeles Wealth Management LLC lifted its position in shares of Schwab US Small-Cap ETF by 81.8% in the first quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock valued at $32,000 after acquiring an additional 499 shares in the last quarter. Align Financial LLC boosted its stake in shares of Schwab US Small-Cap ETF by 101.6% in the third quarter. Align Financial LLC now owns 996 shares of the company’s stock worth $32,000 after acquiring an additional 502 shares during the period. Main Street Group LTD purchased a new stake in shares of Schwab US Small-Cap ETF during the first quarter worth about $33,000. Markowski Investments purchased a new stake in shares of Schwab US Small-Cap ETF during the second quarter worth about $34,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $36,000.

Schwab US Small-Cap ETF Trading Down 1.5%

Shares of SCHA opened at $31.99 on Friday. The business’s 50 day moving average is $33.76 and its 200 day moving average is $33.49. The company has a market capitalization of $22.03 billion, a PE ratio of 17.65 and a beta of 1.11. Schwab US Small-Cap ETF has a 12-month low of $26.45 and a 12-month high of $36.20.

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.