Summit Financial Strategies Inc. Sells 1,180 Shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC)

Summit Financial Strategies Inc. cut its stake in shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) by 10.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,992 shares of the company’s stock after selling 1,180 shares during the period. Summit Financial Strategies Inc.’s holdings in Schwab International Small-Cap Equity ETF were worth $385,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab International Small-Cap Equity ETF by 1.0% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 39,180,523 shares of the company’s stock valued at $1,402,663,000 after acquiring an additional 383,496 shares in the last quarter. TIAA Trust National Association lifted its stake in Schwab International Small-Cap Equity ETF by 3.3% during the 2nd quarter. TIAA Trust National Association now owns 2,346,780 shares of the company’s stock valued at $83,499,000 after acquiring an additional 74,498 shares in the last quarter. McAdam LLC raised its stake in shares of Schwab International Small-Cap Equity ETF by 7.0% during the 2nd quarter. McAdam LLC now owns 1,537,716 shares of the company’s stock worth $54,712,000 after purchasing an additional 100,761 shares during the period. Johnson Financial Group LLC raised its stake in shares of Schwab International Small-Cap Equity ETF by 27.1% during the 2nd quarter. Johnson Financial Group LLC now owns 1,095,787 shares of the company’s stock worth $38,988,000 after purchasing an additional 233,657 shares during the period. Finally, Mather Group LLC. raised its stake in shares of Schwab International Small-Cap Equity ETF by 0.7% during the 3rd quarter. Mather Group LLC. now owns 1,051,476 shares of the company’s stock worth $40,513,000 after purchasing an additional 7,127 shares during the period.

Schwab International Small-Cap Equity ETF Price Performance

Shares of NYSEARCA SCHC traded down $0.07 during mid-day trading on Thursday, reaching $37.61. 64,067 shares of the company’s stock were exchanged, compared to its average volume of 394,245. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 12.66 and a beta of 0.94. Schwab International Small-Cap Equity ETF has a 52 week low of $29.89 and a 52 week high of $38.94. The firm has a 50-day moving average price of $37.38 and a two-hundred day moving average price of $36.38.

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.