First Hawaiian Bank Increases Stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

First Hawaiian Bank has significantly increased its investment in the Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the fourth quarter of 2024. The bank's holdings in the fund rose by 100%, as it acquired an additional 7,740 shares, bringing its total ownership to 15,480 shares. Based on recent SEC filings, the value of First Hawaiian Bank's investment in this ETF is approximately $400,000.

Several other major financial institutions have also made moves regarding SCHA in recent months. For instance, Massmutual Trust Co. FSB ADV purchased a new stake in the ETF worth about $30,000 during the third quarter. Another firm, Capital Performance Advisors LLP, also entered the market with an acquisition valued around $33,000 during the same period. CBIZ Investment Advisory Services LLC joined in with a new position representing approximately $38,000 during the second quarter.

In contrast, Sound Income Strategies LLC saw a dramatic increase in its investment in Schwab US Small-Cap ETF, boosting its holdings by 604.3% in the third quarter. After adding 707 shares, the firm now possesses 824 shares valued at approximately $42,000. Similarly, EverSource Wealth Advisors LLC grew its holdings by 367.2% in the second quarter, now holding 1,112 shares with a value of about $57,000 after acquiring an additional 874 shares.

Current Market Performance of Schwab US Small-Cap ETF

As of the latest trading on Friday, shares of the Schwab US Small-Cap ETF were down by 2.0%, opening at $25.46. The ETF has a total market capitalization of $8.88 billion, a price-to-earnings (P/E) ratio of 14.51, and a beta value of 1.19, suggesting moderately higher volatility compared to the market. Over the past 50 days, the average price of the fund was $26.95, while it sat at $25.69 for the last 200 days. The ETF has recorded a 12-month low of $22.24 and a high of $28.57.

About Schwab US Small-Cap ETF

The Schwab U.S. Small-Cap ETF aims to replicate the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. This index consists of companies ranked from 751 to 2500 based on their total market capitalization and uses a float-adjusted market capitalization weighting methodology.

Additional Insights

• Find five stocks outperforming Schwab US Small-Cap ETF.
• Learn essential technical analysis skills for stock market mastery.
• Explore three defense stocks benefiting from budget increases and interest rate fluctuations.
• Understand the significance of a Dividend King.
• Identify three natural gas stocks poised for success this winter.
• Discover a five-step process for shorting stocks effectively.
• Get bullish insights on athleisure; here's why Lululemon stock stands out.

To stay updated on other major stakeholders in SCHA, visit HoldingsChannel.com to view the latest 13F filings and insider trades related to Schwab US Small-Cap ETF.

Receive Daily Updates for Schwab US Small-Cap ETF - Enter your email address to get a daily summary of recent news and analyst ratings for Schwab US Small-Cap ETF and related companies through a free email newsletter.

Investment, ETF, Finance