Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 39,834 shares of the company’s stock after selling 414 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Summit Financial Strategies Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 4.0% during the second quarter. Summit Financial Strategies Inc. now owns 642,116 shares of the company’s stock worth $49,976,000 after purchasing an additional 24,708 shares in the last quarter. Portside Wealth Group LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at $410,000. Naples Global Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.7% in the 2nd quarter. Naples Global Advisors LLC now owns 15,645 shares of the company’s stock valued at $1,222,000 after purchasing an additional 408 shares during the period. Valley National Advisers Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 1.9% in the 2nd quarter. Valley National Advisers Inc. now owns 152,335 shares of the company’s stock worth $11,855,000 after purchasing an additional 2,903 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $1,003,000.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock traded up $0.09 during midday trading on Friday, reaching $79.58. The stock had a trading volume of 279,919 shares, compared to its average volume of 309,271. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $82.26. The firm has a market cap of $11.41 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s fifty day simple moving average is $78.49 and its two-hundred day simple moving average is $78.32.

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.