Schwab US Small-Cap ETF (NYSEARCA:SCHA) Reaches New 12-Month High – Should You Buy?

Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) reached a new 52-week high on Tuesday . The company traded as high as $30.24 and last traded at $30.1990, with a volume of 4052 shares trading hands. The stock had previously closed at $30.16.

Schwab US Small-Cap ETF Price Performance

The business has a 50 day moving average price of $28.63 and a 200 day moving average price of $27.63. The stock has a market capitalization of $21.05 billion, a PE ratio of 17.65 and a beta of 1.13.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Several large investors have recently bought and sold shares of SCHA. SYM FINANCIAL Corp bought a new stake in Schwab US Small-Cap ETF in the 2nd quarter worth approximately $28,000. Godsey & Gibb Inc. purchased a new stake in Schwab US Small-Cap ETF during the third quarter valued at $28,000. Hoey Investments Inc. purchased a new stake in shares of Schwab US Small-Cap ETF during the 2nd quarter valued at about $29,000. Hantz Financial Services Inc. raised its position in Schwab US Small-Cap ETF by 111.7% in the second quarter. Hantz Financial Services Inc. now owns 1,137 shares of the company’s stock worth $29,000 after acquiring an additional 600 shares during the period. Finally, Crowley Wealth Management Inc. boosted its stake in shares of Schwab US Small-Cap ETF by 50.0% during the 2nd quarter. Crowley Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during 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.