Focus Financial Network Inc. Decreases Stock Position in Schwab US Small-Cap ETF $SCHA

Focus Financial Network Inc. cut its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 387,046 shares of the company’s stock after selling 27,025 shares during the quarter. Focus Financial Network Inc. owned about 0.06% of Schwab US Small-Cap ETF worth $13,984,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Valpey Financial Services LLC raised its stake in shares of Schwab US Small-Cap ETF by 2,689.1% in the fourth quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock valued at $103,632,000 after acquiring an additional 3,508,286 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Schwab US Small-Cap ETF by 164.9% during the 4th quarter. Corient Private Wealth LLC now owns 3,613,460 shares of the company’s stock worth $102,911,000 after purchasing an additional 2,249,591 shares during the period. 93 Financial Group LLC bought a new position in Schwab US Small-Cap ETF during the 4th quarter valued at about $47,509,000. Bank of America Corp DE raised its position in Schwab US Small-Cap ETF by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after purchasing an additional 962,262 shares during the period. Finally, FIDELIS iM LLC raised its position in Schwab US Small-Cap ETF by 409.7% in the 4th quarter. FIDELIS iM LLC now owns 822,969 shares of the company’s stock worth $23,438,000 after purchasing an additional 661,509 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA SCHA opened at $34.83 on Monday. Schwab US Small-Cap ETF has a 1 year low of $25.67 and a 1 year high of $36.20. The firm has a 50-day simple moving average of $34.51 and a two-hundred day simple moving average of $32.22. The company has a market cap of $23.98 billion, a P/E ratio of 17.65 and a beta of 1.10.

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. 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.