Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Reaches New 12-Month High – Still a Buy?

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) shares hit a new 52-week high during trading on Monday . The stock traded as high as $51.25 and last traded at $50.8560, with a volume of 238 shares changing hands. The stock had previously closed at $50.88.

Schwab International Small-Cap Equity ETF Stock Performance

The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 16.25 and a beta of 0.96. The company has a 50 day moving average price of $48.00 and a two-hundred day moving average price of $46.08.

Hedge Funds Weigh In On Schwab International Small-Cap Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC increased its stake in shares of Schwab International Small-Cap Equity ETF by 2,721.1% during the second quarter. Corient Private Wealth LLC now owns 32,787,397 shares of the company’s stock worth $1,396,406,000 after purchasing an additional 31,625,161 shares in the last quarter. TIAA Trust National Association boosted its holdings in Schwab International Small-Cap Equity ETF by 15.2% in 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 last quarter. Savant Capital LLC increased its stake in Schwab International Small-Cap Equity ETF by 3.2% during the 3rd quarter. Savant Capital LLC now owns 2,400,384 shares of the company’s stock worth $109,241,000 after buying an additional 73,478 shares in the last quarter. SageView Advisory Group LLC lifted its position in shares of Schwab International Small-Cap Equity ETF by 7.3% in the second quarter. SageView Advisory Group LLC now owns 1,925,206 shares of the company’s stock valued at $82,707,000 after acquiring an additional 130,245 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Schwab International Small-Cap Equity ETF in the fourth quarter worth approximately $72,177,000.

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.