Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Unusually-High Trading Volume – Here’s Why

Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw unusually-high trading volume on Tuesday . Approximately 2,700,972 shares were traded during mid-day trading, an increase of 37% from the previous session’s volume of 1,969,383 shares.The stock last traded at $27.93 and had previously closed at $28.04.

Schwab US Small-Cap ETF Stock Down 1.6 %

The company has a market cap of $9.62 billion, a P/E ratio of 14.51 and a beta of 1.19. The business’s 50 day moving average is $25.66 and its 200 day moving average is $24.74.

Institutional Trading of Schwab US Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SCHA. Koshinski Asset Management Inc. boosted its holdings in shares of Schwab US Small-Cap ETF by 23.4% in the first quarter. Koshinski Asset Management Inc. now owns 105,689 shares of the company’s stock valued at $5,204,000 after acquiring an additional 20,060 shares during the period. Pettyjohn Wood & White Inc. boosted its stake in Schwab US Small-Cap ETF by 6.3% in the 1st quarter. Pettyjohn Wood & White Inc. now owns 28,004 shares of the company’s stock worth $1,379,000 after buying an additional 1,658 shares during the last quarter. Texas Yale Capital Corp. raised its stake in shares of Schwab US Small-Cap ETF by 3.1% in the 1st quarter. Texas Yale Capital Corp. now owns 110,381 shares of the company’s stock valued at $5,435,000 after purchasing an additional 3,305 shares in the last quarter. Souders Financial Advisors raised its holdings in shares of Schwab US Small-Cap ETF by 3.0% during the first quarter. Souders Financial Advisors now owns 209,225 shares of the company’s stock worth $10,302,000 after purchasing an additional 6,021 shares during the period. Finally, Charles Schwab Investment Advisory Inc. grew its position in Schwab US Small-Cap ETF by 2.3% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 76,381,367 shares of the company’s stock worth $3,761,019,000 after purchasing an additional 1,743,851 shares during the last quarter.

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.