Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 12-Month High – Should You Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares reached a new 52-week high on Friday . The stock traded as high as $34.66 and last traded at $34.52, with a volume of 166414 shares traded. The stock had previously closed at $34.44.

Schwab US Small-Cap ETF Stock Up 1.3%

The stock has a 50 day simple moving average of $32.48 and a 200 day simple moving average of $30.62. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10.

Institutional Trading of Schwab US Small-Cap ETF

Several hedge funds have recently made changes to their positions in the stock. Morton Brown Family Wealth LLC bought a new position in Schwab US Small-Cap ETF during the 4th quarter worth $30,000. Tompkins Financial Corp lifted its stake in Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after buying an additional 1,031 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at $31,000. Angeles Wealth Management LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 81.8% during 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 during the period. Finally, Stephens Consulting LLC grew its position in shares of 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 during the last quarter.

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.