Fortune Financial Group Inc. Takes Position in Schwab US Small-Cap ETF $SCHA

Fortune Financial Group Inc. acquired a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 70,556 shares of the company’s stock, valued at approximately $2,020,000. Schwab US Small-Cap ETF comprises approximately 2.1% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 14th biggest holding.

Several other hedge funds have also recently bought and sold shares of SCHA. Morton Brown Family Wealth LLC acquired a new position in Schwab US Small-Cap ETF during the fourth quarter worth $30,000. Tompkins Financial Corp raised its stake in Schwab US Small-Cap ETF by 1,982.7% during the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after acquiring an additional 1,031 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Schwab US Small-Cap ETF during the fourth quarter worth $31,000. Stephens Consulting LLC raised its stake in Schwab US Small-Cap ETF by 3,108.3% during the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after acquiring an additional 1,119 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in Schwab US Small-Cap ETF during the fourth quarter worth $34,000.

Schwab US Small-Cap ETF Price Performance

Schwab US Small-Cap ETF stock opened at $33.30 on Thursday. The stock has a fifty day moving average price of $32.37 and a two-hundred day moving average price of $30.57. Schwab US Small-Cap ETF has a 52-week low of $24.33 and a 52-week high of $34.48. The firm has a market capitalization of $22.93 billion, a P/E ratio of 17.65 and a beta of 1.10.

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.