Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 52-Week High – Should You Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.93 and last traded at $35.89, with a volume of 254589 shares. The stock had previously closed at $35.67.

Schwab US Small-Cap ETF Stock Up 0.7%

The firm has a market cap of $24.74 billion, a PE ratio of 17.65 and a beta of 1.10. The firm’s 50 day moving average is $33.60 and its 200-day moving average is $31.18.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Several hedge funds have recently modified their holdings of SCHA. Morton Brown Family Wealth LLC purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter worth approximately $30,000. Tompkins Financial Corp lifted its position in shares of 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 purchasing an additional 1,031 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $31,000. Angeles Wealth Management LLC grew its stake in Schwab US Small-Cap ETF by 81.8% in the first quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock worth $32,000 after purchasing an additional 499 shares in the last quarter. Finally, Stephens Consulting LLC grew its stake in Schwab US Small-Cap ETF by 3,108.3% in the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after purchasing an additional 1,119 shares in 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.