Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Unusually-High Trading Volume – Time to Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw unusually-strong trading volume on Tuesday . Approximately 9,001,737 shares changed hands during trading, an increase of 197% from the previous session’s volume of 3,035,769 shares.The stock last traded at $32.77 and had previously closed at $33.46.

Schwab US Small-Cap ETF Price Performance

The stock has a 50 day simple moving average of $30.72 and a 200-day simple moving average of $29.80. The firm has a market cap of $22.82 billion, a PE ratio of 17.65 and a beta of 1.10.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SCHA. New York Life Investment Management LLC raised its stake in shares of Schwab US Small-Cap ETF by 151.5% in the third quarter. New York Life Investment Management LLC now owns 1,350,769 shares of the company’s stock worth $37,686,000 after purchasing an additional 813,680 shares during the last quarter. Game Plan Financial Advisors LLC raised its stake in shares of Schwab US Small-Cap ETF by 20.5% in the third quarter. Game Plan Financial Advisors LLC now owns 202,467 shares of the company’s stock worth $5,649,000 after purchasing an additional 34,453 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Schwab US Small-Cap ETF by 41.3% in the third quarter. CIBC Private Wealth Group LLC now owns 70,203 shares of the company’s stock worth $1,959,000 after purchasing an additional 20,505 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Schwab US Small-Cap ETF by 494.9% in the third quarter. EverSource Wealth Advisors LLC now owns 59,363 shares of the company’s stock worth $1,656,000 after purchasing an additional 49,385 shares during the last quarter. Finally, Dorato Capital Management purchased a new position in shares of Schwab US Small-Cap ETF in the fourth quarter worth $2,419,000.

About Schwab US Small-Cap ETF

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.