Ifrah Financial Services Inc. Lowers Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Ifrah Financial Services Inc. lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 46,161 shares of the company’s stock after selling 605 shares during the period. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,295,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 2.5% during the first quarter. Cornerstone Wealth Management LLC now owns 35,132 shares of the company’s stock valued at $920,000 after acquiring an additional 867 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. lifted its position in Schwab U.S. Mid-Cap ETF by 52.1% during the first quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 233,015 shares of the company’s stock valued at $6,105,000 after acquiring an additional 79,809 shares during the last quarter. Finally, Sage Financial Group Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 16.4% during the first quarter. Sage Financial Group Inc. now owns 968,327 shares of the company’s stock valued at $25,370,000 after acquiring an additional 136,527 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1%

NYSEARCA:SCHM opened at $29.49 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The firm has a 50 day moving average of $29.53 and a 200 day moving average of $27.88. The stock has a market capitalization of $12.11 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.