Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sets New 1-Year High – Should You Buy?

Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.23 and last traded at $26.17, with a volume of 365257 shares. The stock had previously closed at $25.99.

Schwab US Small-Cap ETF Price Performance

The firm has a market capitalization of $9.19 billion, a P/E ratio of 14.51 and a beta of 1.19. The company’s 50 day moving average price is $48.23 and its 200 day moving average price is $48.03.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its holdings in Schwab US Small-Cap ETF by 0.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 274,616 shares of the company’s stock worth $13,031,000 after purchasing an additional 2,424 shares during the period. Hexagon Capital Partners LLC lifted its holdings in Schwab US Small-Cap ETF by 6.1% during the second quarter. Hexagon Capital Partners LLC now owns 5,521 shares of the company’s stock worth $262,000 after acquiring an additional 316 shares in the last quarter. FIDELIS iM LLC lifted its holdings in Schwab US Small-Cap ETF by 1.4% during the first quarter. FIDELIS iM LLC now owns 397,259 shares of the company’s stock worth $19,561,000 after acquiring an additional 5,667 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Schwab US Small-Cap ETF by 10.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 47,272 shares of the company’s stock valued at $2,233,000 after acquiring an additional 4,414 shares during the period. Finally, Citizens Financial Group Inc. RI increased its holdings in shares of Schwab US Small-Cap ETF by 2.2% in the second quarter. Citizens Financial Group Inc. RI now owns 49,561 shares of the company’s stock worth $2,360,000 after acquiring an additional 1,050 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.