Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sets New 52-Week High – Here’s Why

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $47.23 and last traded at $47.2590, with a volume of 27993 shares changing hands. The stock had previously closed at $47.09.

Schwab International Small-Cap Equity ETF Price Performance

The business has a 50-day simple moving average of $45.37 and a two-hundred day simple moving average of $44.66. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 16.25 and a beta of 0.96.

Institutional Investors Weigh In On Schwab International Small-Cap Equity ETF

A number of institutional investors have recently made changes to their positions in SCHC. Foster Group Inc. lifted its position in Schwab International Small-Cap Equity ETF by 7.0% during the fourth quarter. Foster Group Inc. now owns 32,952 shares of the company’s stock worth $1,500,000 after purchasing an additional 2,152 shares during the period. Brucke Financial Inc. boosted its position in shares of Schwab International Small-Cap Equity ETF by 5.1% during the 4th quarter. Brucke Financial Inc. now owns 119,814 shares of the company’s stock worth $5,455,000 after acquiring an additional 5,845 shares in the last quarter. Focus Financial Network Inc. increased its stake in Schwab International Small-Cap Equity ETF by 2.1% in the fourth quarter. Focus Financial Network Inc. now owns 35,675 shares of the company’s stock valued at $1,624,000 after acquiring an additional 733 shares during the last quarter. Divergent Planning LLC raised its position in Schwab International Small-Cap Equity ETF by 2.0% during the fourth quarter. Divergent Planning LLC now owns 137,675 shares of the company’s stock valued at $6,321,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its stake in Schwab International Small-Cap Equity ETF by 4.4% during the fourth quarter. Charles Schwab Trust Co now owns 422,413 shares of the company’s stock worth $19,232,000 after purchasing an additional 17,702 shares during the last quarter.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.