Parsons Capital Management Inc. RI Acquires 5,116 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Parsons Capital Management Inc. RI grew its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 16.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 35,501 shares of the company’s stock after buying an additional 5,116 shares during the period. Parsons Capital Management Inc. RI’s holdings in Schwab US Small-Cap ETF were worth $832,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SCHA. McClarren Financial Advisors Inc. bought a new stake in shares of Schwab US Small-Cap ETF during the 4th quarter valued at $25,000. TD Capital Management LLC raised its position in shares of Schwab US Small-Cap ETF by 100.4% in the 4th quarter. TD Capital Management LLC now owns 958 shares of the company’s stock worth $25,000 after purchasing an additional 480 shares during the last quarter. Bellevue Asset Management LLC raised its position in shares of Schwab US Small-Cap ETF by 551.4% in the 4th quarter. Bellevue Asset Management LLC now owns 964 shares of the company’s stock worth $25,000 after purchasing an additional 816 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter valued at about $26,000. Finally, Main Street Group LTD increased its stake in Schwab US Small-Cap ETF by 101.6% during the 4th quarter. Main Street Group LTD now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 504 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of Schwab US Small-Cap ETF stock opened at $25.13 on Wednesday. The company has a 50-day simple moving average of $23.22 and a two-hundred day simple moving average of $24.98. The stock has a market capitalization of $17.25 billion, a PE ratio of 17.26 and a beta of 1.13. Schwab US Small-Cap ETF has a 52-week low of $20.04 and a 52-week high of $28.57.

Schwab US Small-Cap ETF 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.