Atlas Capital Advisors Inc. Invests $4.09 Million in Schwab U.S. Mid-Cap ETF $SCHM

Atlas Capital Advisors Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 136,155 shares of the company’s stock, valued at approximately $4,094,000.

A number of other institutional investors and hedge funds have also modified their holdings of SCHM. Fifth Third Bancorp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $30,000. Accredited Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after purchasing an additional 502 shares in the last quarter. Kingdom Financial Group LLC. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $31,000. Ransom Advisory Ltd purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $32,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $36,000.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

SCHM stock opened at $36.02 on Friday. The stock has a market capitalization of $15.13 billion, a P/E ratio of 18.83 and a beta of 1.04. The firm has a 50-day simple moving average of $34.06 and a 200-day simple moving average of $32.29. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.05 and a 52 week high of $36.15.

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.