Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Large Volume Increase – Still a Buy?

Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw unusually-strong trading volume on Tuesday . Approximately 9,001,737 shares were traded during mid-day trading, an increase of 197% from the previous session’s volume of 3,035,769 shares.The stock last traded at $32.77 and had previously closed at $33.46.

Schwab US Small-Cap ETF Trading Down 1.8%

The stock has a market cap of $22.62 billion, a PE ratio of 17.65 and a beta of 1.10. The firm has a fifty day simple moving average of $30.56 and a two-hundred day simple moving average of $29.69.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

Several hedge funds have recently bought and sold shares of the stock. Godsey & Gibb Inc. purchased a new position in shares of Schwab US Small-Cap ETF in the 3rd quarter worth about $28,000. Morton Brown Family Wealth LLC purchased a new position in Schwab US Small-Cap ETF in the 4th quarter worth $30,000. Kiker Wealth Management LLC bought a new stake in Schwab US Small-Cap ETF in the third quarter worth $31,000. Tompkins Financial Corp lifted its stake in Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after purchasing an additional 1,031 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Schwab US Small-Cap ETF during the fourth quarter valued at about $31,000.

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. 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.