Schwab US Small-Cap ETF (NYSEARCA:SCHA) Hits New 52-Week High – Here’s Why

Schwab US Small-Cap ETF (NYSEARCA:SCHA)’s share price reached a new 52-week high on Wednesday . The company traded as high as $27.36 and last traded at $27.30, with a volume of 50353 shares trading hands. The stock had previously closed at $26.14.

Schwab US Small-Cap ETF Trading Up 0.7 %

The stock has a fifty day simple moving average of $25.57 and a 200-day simple moving average of $24.65. The company has a market capitalization of $9.64 billion, a PE ratio of 14.51 and a beta of 1.19.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Several hedge funds have recently added to or reduced their stakes in SCHA. International Assets Investment Management LLC acquired a new position in shares of Schwab US Small-Cap ETF in the 2nd quarter valued at $26,000. Massmutual Trust Co. FSB ADV purchased a new stake in Schwab US Small-Cap ETF in the third quarter valued at $30,000. SouthState Corp acquired a new position in Schwab US Small-Cap ETF in the second quarter valued at $31,000. Capital Performance Advisors LLP purchased a new position in shares of Schwab US Small-Cap ETF during the third quarter worth about $33,000. Finally, First Financial Corp IN acquired a new stake in shares of Schwab US Small-Cap ETF during the second quarter worth about $35,000.

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.