Finley Financial LLC acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,668 shares of the company’s stock, valued at approximately $48,000.
Other institutional investors have also added to or reduced their stakes in the company. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $30,000. Archer Investment Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. UMB Bank n.a. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after purchasing an additional 882 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $41,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock valued at $41,000 after acquiring an additional 984 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Schwab U.S. Mid-Cap ETF stock opened at $29.24 on Wednesday. The company has a 50 day moving average price of $28.71 and a 200-day moving average price of $27.66. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The company has a market capitalization of $4.19 billion, a PE ratio of 16.47 and a beta of 1.09.
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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