Summit Financial Strategies Inc. Has $28.30 Million Stock Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Summit Financial Strategies Inc. grew its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 98.2% during the 4th quarter, HoldingsChannel reports. The firm owned 1,094,246 shares of the company’s stock after purchasing an additional 542,230 shares during the quarter. Schwab US Small-Cap ETF comprises approximately 3.1% of Summit Financial Strategies Inc.’s holdings, making the stock its 11th largest position. Summit Financial Strategies Inc.’s holdings in Schwab US Small-Cap ETF were worth $28,297,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Lighthouse Wealth Management Inc. bought a new position in shares of Schwab US Small-Cap ETF in the 4th quarter valued at $3,977,000. Aurora Private Wealth Inc. raised its position in Schwab US Small-Cap ETF by 72.5% in the fourth quarter. Aurora Private Wealth Inc. now owns 12,375 shares of the company’s stock valued at $320,000 after purchasing an additional 5,203 shares during the last quarter. Kavar Capital Partners Group LLC boosted its stake in shares of Schwab US Small-Cap ETF by 99.7% during the fourth quarter. Kavar Capital Partners Group LLC now owns 221,963 shares of the company’s stock valued at $5,740,000 after purchasing an additional 110,804 shares in the last quarter. Cobblestone Asset Management LLC bought a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $4,726,000. Finally, Cornerstone Wealth Group LLC increased its stake in shares of Schwab US Small-Cap ETF by 102.4% in the fourth quarter. Cornerstone Wealth Group LLC now owns 196,304 shares of the company’s stock valued at $5,076,000 after buying an additional 99,314 shares during the period.

Schwab US Small-Cap ETF Price Performance

NYSEARCA:SCHA opened at $26.92 on Monday. Schwab US Small-Cap ETF has a one year low of $22.41 and a one year high of $28.57. The company has a market cap of $9.38 billion, a PE ratio of 14.51 and a beta of 1.19. The firm’s 50 day simple moving average is $26.83 and its 200 day simple moving average is $25.91.

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.