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

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $32.46 and last traded at $32.43, with a volume of 3399146 shares. The stock had previously closed at $32.24.

Schwab US Small-Cap ETF Stock Performance

The company has a market capitalization of $22.20 billion, a PE ratio of 17.65 and a beta of 1.09. The firm’s 50-day simple moving average is $30.08 and its 200 day simple moving average is $29.30.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Schwab US Small-Cap ETF by 182.3% in the 4th quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after purchasing an additional 37,271 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Schwab US Small-Cap ETF by 104.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock worth $2,587,000 after purchasing an additional 51,064 shares in the last quarter. Bison Wealth LLC boosted its position in Schwab US Small-Cap ETF by 97.3% during the fourth quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock worth $325,000 after purchasing an additional 6,203 shares in the last quarter. Royal Bank of Canada grew its holdings in Schwab US Small-Cap ETF by 10.9% in the first quarter. Royal Bank of Canada now owns 314,680 shares of the company’s stock valued at $7,373,000 after purchasing an additional 30,971 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Schwab US Small-Cap ETF by 7.7% in the first quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock valued at $2,573,000 after buying an additional 7,840 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.