Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sees Unusually-High Trading Volume – Here’s Why

Shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) saw strong trading volume on Tuesday . 671,821 shares changed hands during mid-day trading, an increase of 53% from the previous session’s volume of 438,073 shares.The stock last traded at $35.67 and had previously closed at $35.80.

Schwab International Small-Cap Equity ETF Trading Down 0.4 %

The company has a market cap of $4.01 billion, a price-to-earnings ratio of 15.00 and a beta of 1.05. The stock has a 50-day simple moving average of $35.35 and a 200-day simple moving average of $36.27.

Hedge Funds Weigh In On Schwab International Small-Cap Equity ETF

Several hedge funds have recently modified their holdings of the company. Windsor Advisory Group LLC acquired a new stake in Schwab International Small-Cap Equity ETF during the 4th quarter worth about $31,000. Bellwether Advisors LLC bought a new position in Schwab International Small-Cap Equity ETF during the fourth quarter valued at about $86,000. Raleigh Capital Management Inc. grew its holdings in shares of Schwab International Small-Cap Equity ETF by 23.2% during the 4th quarter. Raleigh Capital Management Inc. now owns 3,228 shares of the company’s stock worth $111,000 after purchasing an additional 607 shares in the last quarter. Pinney & Scofield Inc. bought a new stake in shares of Schwab International Small-Cap Equity ETF during the fourth quarter valued at approximately $111,000. Finally, Newton One Investments LLC bought a new position in Schwab International Small-Cap Equity ETF in the fourth quarter worth $130,000.

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.