Leavell Investment Management Inc. Has $11.28 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Leavell Investment Management Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 188.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 406,905 shares of the company’s stock after purchasing an additional 265,861 shares during the period. Leavell Investment Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $11,275,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the period. Geneos Wealth Management Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares during the period. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $30,000. Archer Investment Corp grew its stake 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 worth $34,000 after purchasing an additional 393 shares during the period. Finally, UMB Bank n.a. grew 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 valued at $37,000 after acquiring an additional 882 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.67 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The stock has a 50 day moving average price of $28.60 and a two-hundred day moving average price of $27.92. The stock has a market capitalization of $4.11 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.