Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Downshift Financial LLC

Downshift Financial LLC lowered its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 194,594 shares of the company’s stock after selling 23,556 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 3.1% of Downshift Financial LLC’s holdings, making the stock its 10th largest position. Downshift Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,468,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHM. Godsey & Gibb Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth approximately $29,000. Kingdom Financial Group LLC. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $31,000. Ransom Advisory Ltd purchased a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $32,000. International Assets Investment Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $36,000. Finally, Geneos Wealth Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $36.09 on Tuesday. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.76 and a 1-year high of $36.90. The stock has a market cap of $15.01 billion, a P/E ratio of 18.83 and a beta of 1.03. The firm has a fifty day moving average price of $35.15 and a 200 day moving average price of $32.99.

Schwab U.S. Mid-Cap ETF Company 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.