First Growth Capital LLC Acquires New Holdings in Schwab U.S. Mid-Cap ETF $SCHM

First Growth Capital LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,486 shares of the company’s stock, valued at approximately $1,490,000. Schwab U.S. Mid-Cap ETF comprises approximately 1.5% of First Growth Capital LLC’s portfolio, making the stock its 13th biggest holding.

Several other large investors also recently added to or reduced their stakes in SCHM. Farther Finance Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 41.7% in the 4th quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock worth $16,202,000 after acquiring an additional 158,469 shares during the period. Dorato Capital Management acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $2,361,000. Chicago Partners Investment Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 10.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock valued at $30,528,000 after acquiring an additional 93,144 shares during the period. Cassilly Financial Group LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $1,154,000. Finally, Blue Square Asset Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 28.0% during the fourth quarter. Blue Square Asset Management LLC now owns 305,958 shares of the company’s stock valued at $9,200,000 after acquiring an additional 66,876 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $36.09 on Friday. The stock’s 50-day moving average is $34.42 and its 200-day moving average is $32.49. The company has a market cap of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.10 and a 52-week high of $36.65.

Schwab U.S. Mid-Cap ETF Profile

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.