Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Advocacy Wealth Management Services LLC

Advocacy Wealth Management Services LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,489,605 shares of the company’s stock after selling 12,160 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 2.6% of Advocacy Wealth Management Services LLC’s investment portfolio, making the stock its 14th largest position. Advocacy Wealth Management Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $41,783,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after acquiring an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 37,647 shares of the company’s stock worth $986,000 after purchasing an additional 910 shares during the period. Natixis Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 93.3% during the 1st quarter. Natixis Advisors LLC now owns 84,888 shares of the company’s stock worth $2,224,000 after purchasing an additional 40,965 shares during the last quarter. Finally, Harbour Investments Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1.3% in the 1st quarter. Harbour Investments Inc. now owns 42,063 shares of the company’s stock valued at $1,102,000 after buying an additional 558 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $30.12 on Monday. The stock has a market capitalization of $12.24 billion, a P/E ratio of 18.83 and a beta of 1.08. The firm’s 50-day moving average is $29.56 and its two-hundred day moving average is $28.84. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.31.

About Schwab U.S. Mid-Cap ETF

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.