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

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) shares saw unusually-strong trading volume on Tuesday . Approximately 612,880 shares were traded during mid-day trading, an increase of 53% from the previous session’s volume of 400,293 shares.The stock last traded at $34.37 and had previously closed at $34.21.

Schwab International Small-Cap Equity ETF Stock Performance

The stock has a market capitalization of $3.92 billion, a PE ratio of 12.66 and a beta of 0.94. The company’s fifty day simple moving average is $35.91 and its two-hundred day simple moving average is $36.53.

Institutional Trading of Schwab International Small-Cap Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCHC. PNC Financial Services Group Inc. increased its position in Schwab International Small-Cap Equity ETF by 5.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,709,871 shares of the company’s stock worth $181,471,000 after purchasing an additional 240,446 shares in the last quarter. Stewardship Advisors LLC purchased a new stake in Schwab International Small-Cap Equity ETF during the 3rd quarter worth about $5,119,000. Cerity Partners LLC increased its position in Schwab International Small-Cap Equity ETF by 564.7% during the 3rd quarter. Cerity Partners LLC now owns 94,819 shares of the company’s stock worth $3,653,000 after purchasing an additional 80,553 shares in the last quarter. Flow Traders U.S. LLC increased its position in Schwab International Small-Cap Equity ETF by 34.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 172,460 shares of the company’s stock worth $6,645,000 after purchasing an additional 43,789 shares in the last quarter. Finally, Beckerman Institutional LLC purchased a new stake in Schwab International Small-Cap Equity ETF in the 3rd quarter valued at about $1,192,000.

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.