EWG Elevate Inc. Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

EWG Elevate Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 178.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,380 shares of the company’s stock after purchasing an additional 146,232 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 1.9% of EWG Elevate Inc.’s investment portfolio, making the stock its 13th largest holding. EWG Elevate Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,328,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SCHM. Global Wealth Strategies & Associates raised its stake in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after buying an additional 161 shares during the period. Williams Financial LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 3.7% in the 2nd quarter. Williams Financial LLC now owns 5,205 shares of the company’s stock worth $405,000 after acquiring an additional 188 shares during the last quarter. Centaurus Financial Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 6.1% in the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after acquiring an additional 209 shares during the period. GHP Investment Advisors Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.0% during the second quarter. GHP Investment Advisors Inc. now owns 12,868 shares of the company’s stock valued at $1,001,000 after purchasing an additional 254 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 1.2 %

NYSEARCA SCHM opened at $27.62 on Monday. The company’s 50 day moving average is $28.74 and its 200-day moving average is $27.54. The firm has a market cap of $3.96 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28.

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.