Archer Investment Management LLC Invests $2.26 Million in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Archer Investment Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 87,198 shares of the company’s stock, valued at approximately $2,255,000. Schwab US Small-Cap ETF comprises approximately 1.4% of Archer Investment Management LLC’s investment portfolio, making the stock its 19th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 489,456.8% in the third quarter. International Assets Investment Management LLC now owns 2,653,398 shares of the company’s stock worth $136,650,000 after buying an additional 2,652,856 shares during the last quarter. Advisory Alpha LLC raised its position in Schwab US Small-Cap ETF by 96.0% in the fourth quarter. Advisory Alpha LLC now owns 4,232,965 shares of the company’s stock worth $109,466,000 after acquiring an additional 2,073,546 shares during the period. Marcum Wealth LLC boosted its stake in shares of Schwab US Small-Cap ETF by 89.1% during the 4th quarter. Marcum Wealth LLC now owns 2,092,926 shares of the company’s stock worth $54,123,000 after acquiring an additional 986,432 shares during the last quarter. White & Co Financial Planning Inc bought a new stake in shares of Schwab US Small-Cap ETF during the 4th quarter valued at $18,042,000. Finally, Gemmer Asset Management LLC increased its stake in shares of Schwab US Small-Cap ETF by 97.7% in the 4th quarter. Gemmer Asset Management LLC now owns 1,341,613 shares of the company’s stock worth $34,694,000 after purchasing an additional 663,149 shares in the last quarter.

Schwab US Small-Cap ETF Trading Down 1.2 %

NYSEARCA SCHA opened at $26.40 on Tuesday. Schwab US Small-Cap ETF has a 12 month low of $22.41 and a 12 month high of $28.57. The stock has a market cap of $9.20 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19. The company’s 50 day moving average is $26.78 and its two-hundred day moving average is $25.97.

About Schwab US Small-Cap ETF

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.