Fortune Financial Group Inc. Purchases Shares of 70,556 Schwab US Small-Cap ETF $SCHA

Fortune Financial Group Inc. purchased a new stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 70,556 shares of the company’s stock, valued at approximately $2,020,000. Schwab US Small-Cap ETF makes up about 2.1% of Fortune Financial Group Inc.’s portfolio, making the stock its 14th largest position.

Several other large investors have also recently added to or reduced their stakes in the company. Zhang Financial LLC raised its holdings in Schwab US Small-Cap ETF by 1.6% in the 4th quarter. Zhang Financial LLC now owns 22,176 shares of the company’s stock valued at $632,000 after acquiring an additional 359 shares in the last quarter. Geometric Wealth Advisors raised its holdings in Schwab US Small-Cap ETF by 2.2% in the 4th quarter. Geometric Wealth Advisors now owns 16,847 shares of the company’s stock valued at $480,000 after acquiring an additional 365 shares in the last quarter. CWA Asset Management Group LLC raised its holdings in Schwab US Small-Cap ETF by 1.3% in the 4th quarter. CWA Asset Management Group LLC now owns 30,700 shares of the company’s stock valued at $874,000 after acquiring an additional 381 shares in the last quarter. Fortis Capital Advisors LLC raised its holdings in Schwab US Small-Cap ETF by 2.4% in the 4th quarter. Fortis Capital Advisors LLC now owns 16,207 shares of the company’s stock valued at $462,000 after acquiring an additional 382 shares in the last quarter. Finally, Sovereign Financial Group Inc. raised its holdings in Schwab US Small-Cap ETF by 1.9% in the 4th quarter. Sovereign Financial Group Inc. now owns 20,587 shares of the company’s stock valued at $586,000 after acquiring an additional 389 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of Schwab US Small-Cap ETF stock opened at $33.30 on Thursday. The firm’s 50-day simple moving average is $32.37 and its 200-day simple moving average is $30.57. Schwab US Small-Cap ETF has a twelve month low of $24.33 and a twelve month high of $34.48. The firm has a market cap of $22.93 billion, a P/E ratio of 17.65 and a beta of 1.10.

Schwab US Small-Cap ETF 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. 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.