Renaissance Technologies LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 19,500 shares of the company’s stock, valued at approximately $604,000.
Several other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Schwab U.S. Mid-Cap ETF by 4.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock valued at $328,744,000 after acquiring an additional 459,489 shares during the period. Moneta Group Investment Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after purchasing an additional 648,134 shares during the period. Valpey Financial Services LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2,876.4% during the fourth quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock worth $140,495,000 after purchasing an additional 4,082,734 shares during the period. Mariner LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.8% in the 4th quarter. Mariner LLC now owns 2,204,963 shares of the company’s stock worth $66,304,000 after purchasing an additional 39,511 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 7.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 2,072,838 shares of the company’s stock worth $62,950,000 after purchasing an additional 148,197 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA SCHM opened at $36.70 on Monday. The company has a fifty day simple moving average of $35.66 and a 200 day simple moving average of $33.86. Schwab U.S. Mid-Cap ETF has a 12-month low of $28.25 and a 12-month high of $36.90. The company has a market cap of $15.33 billion, a P/E ratio of 18.83 and a beta of 1.04.
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.
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