Schwab US Small-Cap ETF (NYSEARCA:SCHA) Trading 0.6% Higher – Here’s Why

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s share price shot up 0.6% on Monday . The company traded as high as $27.39 and last traded at $27.29. 2,227,066 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 1,980,360 shares. The stock had previously closed at $27.14.

Schwab US Small-Cap ETF Stock Up 0.6 %

The company’s 50 day simple moving average is $26.82 and its 200-day simple moving average is $25.36. The firm has a market cap of $9.51 billion, a P/E ratio of 14.51 and a beta of 1.19.

Institutional Trading of Schwab US Small-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in SCHA. Empower Advisory Group LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 2.9% in the third quarter. Empower Advisory Group LLC now owns 12,298,227 shares of the company’s stock valued at $633,359,000 after purchasing an additional 348,995 shares during the period. International Assets Investment Management LLC raised its position in Schwab US Small-Cap ETF by 489,456.8% during the 3rd quarter. International Assets Investment Management LLC now owns 2,653,398 shares of the company’s stock valued at $136,650,000 after purchasing an additional 2,652,856 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Schwab US Small-Cap ETF by 3,222.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,263,925 shares of the company’s stock valued at $997,000 after purchasing an additional 2,195,778 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 16.6% in the 3rd quarter. Cerity Partners LLC now owns 2,260,557 shares of the company’s stock worth $116,419,000 after buying an additional 321,166 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Schwab US Small-Cap ETF by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,226,251 shares of the company’s stock worth $105,636,000 after buying an additional 15,859 shares in the last quarter.

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.