Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Simon Quick Advisors LLC

Simon Quick Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the 4th quarter, Holdings Channel reports. The fund owned 20,925 shares of the company’s stock after purchasing an additional 13,965 shares during the quarter. Simon Quick Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $30,000. Archer Investment Corp grew its position in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares during the period. Massmutual Trust Co. FSB ADV purchased a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at $41,000. Hantz Financial Services Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after acquiring an additional 575 shares during the period. Finally, Global Wealth Strategies & Associates boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after acquiring an additional 161 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.3 %

NYSEARCA:SCHM opened at $29.14 on Thursday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The stock’s 50-day moving average price is $28.71 and its 200-day moving average price is $27.68. The stock has a market capitalization of $4.18 billion, a PE 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.