Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Large Volume Increase – Here’s Why

Schwab US Small-Cap ETF (NYSEARCA:SCHA) shares saw strong trading volume on Wednesday . 2,651,495 shares changed hands during trading, an increase of 21% from the previous session’s volume of 2,197,209 shares.The stock last traded at $23.47 and had previously closed at $23.50.

Schwab US Small-Cap ETF Trading Up 0.4 %

The firm has a market capitalization of $16.54 billion, a price-to-earnings ratio of 16.27 and a beta of 1.21. The company has a fifty day moving average price of $26.00 and a two-hundred day moving average price of $26.15.

Institutional Trading of Schwab US Small-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co increased its position in shares of Schwab US Small-Cap ETF by 7.4% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 6,199 shares of the company’s stock worth $319,000 after acquiring an additional 425 shares during the period. Planning Directions Inc. grew its stake in shares of Schwab US Small-Cap ETF by 4.5% during the third quarter. Planning Directions Inc. now owns 10,097 shares of the company’s stock worth $520,000 after purchasing an additional 437 shares in the last quarter. Claro Advisors LLC boosted its stake in Schwab US Small-Cap ETF by 2.2% in the third quarter. Claro Advisors LLC now owns 20,784 shares of the company’s stock valued at $1,070,000 after acquiring an additional 454 shares in the last quarter. Cassady Schiller Wealth Management LLC boosted its stake in Schwab US Small-Cap ETF by 77.0% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 1,055 shares of the company’s stock valued at $27,000 after acquiring an additional 459 shares in the last quarter. Finally, TD Capital Management LLC boosted its stake in Schwab US Small-Cap ETF by 100.4% in the fourth quarter. TD Capital Management LLC now owns 958 shares of the company’s stock valued at $25,000 after acquiring an additional 480 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.