Christensen King & Associates Investment Services Inc. Boosts Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Christensen King & Associates Investment Services Inc. raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 203.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 357,674 shares of the company’s stock after purchasing an additional 239,807 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 4.7% of Christensen King & Associates Investment Services Inc.’s holdings, making the stock its 7th biggest position. Christensen King & Associates Investment Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,047,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of SCHM. Bush Investment Group LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after acquiring an additional 5,553 shares in the last quarter. Anchor Investment Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares during the last quarter. World Investment Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.9 %

Schwab U.S. Mid-Cap ETF stock opened at $27.86 on Tuesday. The company has a 50-day moving average price of $28.75 and a 200 day moving average price of $27.56. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28. The stock has a market cap of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.