Argos Wealth Advisors LLC Invests $1.70 Million in Schwab US Small-Cap ETF $SCHA

Argos Wealth Advisors LLC bought a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 59,710 shares of the company’s stock, valued at approximately $1,701,000. Schwab US Small-Cap ETF accounts for about 0.5% of Argos Wealth Advisors LLC’s holdings, making the stock its 27th largest holding.

Several other hedge funds have also made changes to their positions in SCHA. Morton Brown Family Wealth LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $30,000. Kiker Wealth Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the third quarter worth about $31,000. Tompkins Financial Corp boosted its stake in shares of Schwab US Small-Cap ETF by 1,982.7% during the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after buying an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $31,000. Finally, Stephens Consulting LLC boosted its stake in shares of Schwab US Small-Cap ETF by 3,108.3% during the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after buying an additional 1,119 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA opened at $33.08 on Wednesday. Schwab US Small-Cap ETF has a fifty-two week low of $23.55 and a fifty-two week high of $33.66. The company has a market capitalization of $22.78 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. The firm has a 50-day simple moving average of $30.61 and a 200-day simple moving average of $29.73.

Schwab US Small-Cap ETF 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.