J.W. Cole Advisors Inc. Acquires 36,645 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

J.W. Cole Advisors Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 241.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 51,799 shares of the company’s stock after purchasing an additional 36,645 shares during the period. J.W. Cole Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHM. Advisory Alpha LLC raised its position in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc increased its stake in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after acquiring an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

SCHM stock opened at $28.89 on Tuesday. The stock has a market cap of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock’s fifty day simple moving average is $28.52 and its two-hundred day simple moving average is $27.97. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28.

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.