Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Reaches New 1-Year High – Here’s Why

Shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) reached a new 52-week high on Tuesday . The stock traded as high as $49.58 and last traded at $49.30, with a volume of 474855 shares traded. The stock had previously closed at $48.90.

Schwab International Small-Cap Equity ETF Stock Performance

The stock has a 50 day moving average price of $46.01 and a 200 day moving average price of $45.06. The company has a market capitalization of $5.42 billion, a P/E ratio of 16.25 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Independence Bank of Kentucky purchased a new stake in shares of Schwab International Small-Cap Equity ETF during the 4th quarter worth approximately $31,000. Palisade Asset Management LLC bought a new position in Schwab International Small-Cap Equity ETF during the third quarter valued at $31,000. Traub Capital Management LLC purchased a new stake in Schwab International Small-Cap Equity ETF in the second quarter worth $34,000. Godsey & Gibb Inc. purchased a new stake in Schwab International Small-Cap Equity ETF in the second quarter worth $40,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in Schwab International Small-Cap Equity ETF in the second quarter worth $40,000.

Schwab International Small-Cap Equity ETF Company Profile

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.