Downshift Financial LLC Makes New $4.34 Million Investment in Schwab US Small-Cap ETF $SCHA

Downshift Financial LLC bought a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 145,214 shares of the company’s stock, valued at approximately $4,336,000. Schwab US Small-Cap ETF comprises 2.7% of Downshift Financial LLC’s investment portfolio, making the stock its 12th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Morton Brown Family Wealth LLC bought a new stake in Schwab US Small-Cap ETF during the 4th quarter worth about $30,000. Tompkins Financial Corp raised its stake in shares of Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after acquiring an additional 1,031 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Schwab US Small-Cap ETF in the fourth quarter worth about $31,000. Stephens Consulting LLC lifted its position in shares of Schwab US Small-Cap ETF by 3,108.3% during the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after purchasing an additional 1,119 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Schwab US Small-Cap ETF during the fourth quarter worth approximately $34,000.

Schwab US Small-Cap ETF Price Performance

SCHA opened at $35.19 on Friday. The stock has a market capitalization of $24.23 billion, a P/E ratio of 17.65 and a beta of 1.10. The company’s 50 day simple moving average is $33.10 and its 200-day simple moving average is $30.88. Schwab US Small-Cap ETF has a one year low of $24.33 and a one year high of $35.53.

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. 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.