Summit Asset Management LLC Has $1.18 Million Stock Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Summit Asset Management LLC increased its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 96.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,500 shares of the company’s stock after buying an additional 22,344 shares during the period. Summit Asset Management LLC’s holdings in Schwab US Small-Cap ETF were worth $1,177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHA. Empower Advisory Group LLC lifted its position in Schwab US Small-Cap ETF by 106.0% during the 4th quarter. Empower Advisory Group LLC now owns 25,335,420 shares of the company’s stock valued at $655,174,000 after purchasing an additional 13,037,193 shares during the period. International Assets Investment Management LLC raised its position in shares of Schwab US Small-Cap ETF by 489,456.8% in the 3rd quarter. International Assets Investment Management LLC now owns 2,653,398 shares of the company’s stock valued at $136,650,000 after acquiring an additional 2,652,856 shares during the period. Strategic Financial Concepts LLC raised its position in shares of Schwab US Small-Cap ETF by 4,867.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,210,392 shares of the company’s stock valued at $57,161,000 after acquiring an additional 2,165,891 shares during the period. Advisory Alpha LLC raised its position in shares of Schwab US Small-Cap ETF by 96.0% in the 4th quarter. Advisory Alpha LLC now owns 4,232,965 shares of the company’s stock valued at $109,466,000 after acquiring an additional 2,073,546 shares during the period. Finally, Marcum Wealth LLC raised its position in shares of Schwab US Small-Cap ETF by 89.1% in the 4th quarter. Marcum Wealth LLC now owns 2,092,926 shares of the company’s stock valued at $54,123,000 after acquiring an additional 986,432 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA:SCHA opened at $25.61 on Friday. The company has a market capitalization of $17.97 billion, a price-to-earnings ratio of 17.66 and a beta of 1.19. The firm’s 50 day simple moving average is $26.38 and its 200 day simple moving average is $26.11. Schwab US Small-Cap ETF has a fifty-two week low of $22.53 and a fifty-two week high of $28.57.

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.