Schwab US Small-Cap ETF (NYSEARCA:SCHA) Shares Sold by Summit Global Investments

Summit Global Investments lowered its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 18.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 8,470 shares of the company’s stock after selling 1,884 shares during the period. Summit Global Investments’ holdings in Schwab US Small-Cap ETF were worth $400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Berger Financial Group Inc boosted its position in Schwab US Small-Cap ETF by 7.6% during the third quarter. Berger Financial Group Inc now owns 200,601 shares of the company’s stock worth $8,309,000 after acquiring an additional 14,187 shares during the last quarter. Athena Investment Management grew its position in shares of Schwab US Small-Cap ETF by 0.5% in the third quarter. Athena Investment Management now owns 158,658 shares of the company’s stock valued at $6,572,000 after purchasing an additional 744 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of Schwab US Small-Cap ETF in the third quarter valued at approximately $2,146,000. Sunbelt Securities Inc. lifted its position in Schwab US Small-Cap ETF by 11.8% during the third quarter. Sunbelt Securities Inc. now owns 121,368 shares of the company’s stock worth $5,027,000 after buying an additional 12,792 shares in the last quarter. Finally, Friedenthal Financial boosted its stake in Schwab US Small-Cap ETF by 1.4% during the fourth quarter. Friedenthal Financial now owns 123,806 shares of the company’s stock worth $5,849,000 after buying an additional 1,674 shares during the last quarter.

Schwab US Small-Cap ETF Stock Up 1.0 %

Shares of SCHA opened at $47.36 on Monday. Schwab US Small-Cap ETF has a 52-week low of $38.05 and a 52-week high of $49.54. The stock has a fifty day simple moving average of $47.43 and a two-hundred day simple moving average of $45.32. The company has a market capitalization of $16.48 billion, a PE ratio of 13.86 and a beta of 1.21.

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.