Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sets New 12-Month High – Still a Buy?

Schwab US Small-Cap ETF (NYSEARCA:SCHA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $35.56 and last traded at $35.50, with a volume of 204017 shares traded. The stock had previously closed at $35.19.

Schwab US Small-Cap ETF Price Performance

The company’s 50-day moving average price is $33.10 and its two-hundred day moving average price is $30.90. The company has a market capitalization of $24.38 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10.

Institutional Trading of Schwab US Small-Cap ETF

Large investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC boosted its position in shares of Schwab US Small-Cap ETF by 41.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 70,203 shares of the company’s stock valued at $1,959,000 after purchasing an additional 20,505 shares in the last quarter. Meriwether Wealth & Planning LLC acquired a new stake in Schwab US Small-Cap ETF during the fourth quarter worth approximately $5,580,000. Integrity Advisory Solutions LLC bought a new stake in Schwab US Small-Cap ETF in the third quarter worth approximately $4,886,000. EverSource Wealth Advisors LLC increased its holdings in Schwab US Small-Cap ETF by 494.9% in the third quarter. EverSource Wealth Advisors LLC now owns 59,363 shares of the company’s stock worth $1,656,000 after purchasing an additional 49,385 shares in the last quarter. Finally, Dorato Capital Management acquired a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $2,419,000.

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.