Amicus Financial Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 58,232 shares of the company’s stock, valued at approximately $1,751,000.
A number of other large investors also recently modified their holdings of SCHM. Valpey Financial Services LLC grew its position in Schwab U.S. Mid-Cap ETF by 2,876.4% in the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after purchasing an additional 4,082,734 shares during the period. 93 Financial Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth $48,614,000. Financial Planning Navigators CORP acquired a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth $22,267,000. Moneta Group Investment Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after buying an additional 648,134 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 97.8% in the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after buying an additional 637,571 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of NYSEARCA SCHM opened at $36.09 on Friday. The stock has a market capitalization of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. The company has a 50-day moving average price of $34.50 and a 200-day moving average price of $32.51. Schwab U.S. Mid-Cap ETF has a 1 year low of $27.10 and a 1 year high of $36.65.
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.
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