Elevation Wealth Partners LLC Grows Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Elevation Wealth Partners LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 103.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 41,935 shares of the company’s stock after acquiring an additional 21,279 shares during the quarter. Elevation Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,162,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHM. Bush Investment Group LLC lifted its stake in shares of 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 acquiring an additional 673 shares in the last quarter. Denver PWM LLC increased its holdings in 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 purchasing an additional 5,553 shares during the last quarter. Anchor Investment Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares in the last quarter. World Investment Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares in the last quarter. Finally, Synovus Financial Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd 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 last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.9 %

Shares of NYSEARCA:SCHM opened at $28.75 on Monday. The firm has a market cap of $4.12 billion, a PE ratio of 16.47 and a beta of 1.09. The company has a fifty day simple moving average of $28.62 and a 200 day simple moving average of $27.89. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28.

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.