Evernest Financial Advisors LLC Buys 11,736 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Evernest Financial Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,568 shares of the company’s stock after purchasing an additional 11,736 shares during the period. Evernest Financial Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $487,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bush Investment Group LLC increased its position in 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 worth $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC grew its position 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 buying an additional 5,553 shares during the period. Anchor Investment Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after buying an additional 1,136 shares during the last quarter. World Investment Advisors LLC lifted 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 during the period. Finally, Synovus Financial Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the third 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 during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $29.20 on Friday. The company has a fifty day moving average price of $28.75 and a two-hundred day moving average price of $27.79. The firm has a market capitalization of $4.19 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28.

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.