Pennsylvania Capital Management Inc. ADV lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 226.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 31,817 shares of the company’s stock after purchasing an additional 22,075 shares during the quarter. Pennsylvania Capital Management Inc. ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $882,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in SCHM. Geneos Wealth Management Inc. increased 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 position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $30,000. Archer Investment Corp increased its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the period. UMB Bank n.a. lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $41,000.
Schwab U.S. Mid-Cap ETF Stock Down 1.0 %
NYSEARCA:SCHM opened at $28.64 on Tuesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The company has a fifty day simple moving average of $28.73 and a two-hundred day simple moving average of $27.83. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.
Schwab U.S. Mid-Cap ETF Company 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.
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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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