James J. Burns & Company LLC Acquires 147,463 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

James J. Burns & Company LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 222,098 shares of the company’s stock after buying an additional 147,463 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.1% of James J. Burns & Company LLC’s investment portfolio, making the stock its 20th biggest holding. James J. Burns & Company LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 188.3% during the fourth quarter. Mather Group LLC. now owns 111,821 shares of the company’s stock worth $3,099,000 after acquiring an additional 73,028 shares during the period. Stephens Consulting LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Stephens Consulting LLC now owns 1,818 shares of the company’s stock worth $50,000 after purchasing an additional 1,212 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,665 shares of the company’s stock valued at $46,000 after purchasing an additional 1,110 shares in the last quarter. Pennsylvania Capital Management Inc. ADV lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 226.6% in the fourth quarter. Pennsylvania Capital Management Inc. ADV now owns 31,817 shares of the company’s stock valued at $882,000 after purchasing an additional 22,075 shares in the last quarter. Finally, Robbins Farley boosted its position in shares of Schwab U.S. Mid-Cap ETF by 171.0% during the fourth quarter. Robbins Farley now owns 7,032 shares of the company’s stock worth $195,000 after buying an additional 4,437 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.64 on Tuesday. The firm has a market cap of $4.11 billion, a PE ratio of 16.47 and a beta of 1.09. The business’s 50 day simple moving average is $28.73 and its 200 day simple moving average is $27.83. 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.