First Growth Capital LLC Takes $2.71 Million Position in Schwab US Small-Cap ETF $SCHA

First Growth Capital LLC purchased a new position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 87,861 shares of the company’s stock, valued at approximately $2,707,000. Schwab US Small-Cap ETF comprises approximately 2.6% of First Growth Capital LLC’s portfolio, making the stock its 5th largest position.

Several other large investors have also recently made changes to their positions in the company. Axxcess Wealth Management LLC acquired a new position in Schwab US Small-Cap ETF in the 4th quarter valued at $203,000. Birchwood Financial Partners Inc. purchased a new position in Schwab US Small-Cap ETF in the 4th quarter valued at $578,000. Corient Private Wealth LLC boosted its stake in 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 last quarter. Jacobs Equity LLC acquired a new stake in Schwab US Small-Cap ETF during the 4th quarter worth $1,852,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Schwab US Small-Cap ETF by 3.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,123,561 shares of the company’s stock worth $61,054,000 after buying an additional 62,217 shares in the last quarter.

Schwab US Small-Cap ETF Stock Up 2.2%

Schwab US Small-Cap ETF stock opened at $35.19 on Friday. The company has a fifty day simple moving average of $33.01 and a 200-day simple moving average of $30.85. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 52-week low of $24.33 and a 52-week high of $35.53.

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.