Ifrah Financial Services Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 41,375 shares of the company’s stock, valued at approximately $1,408,000.
Several other institutional investors and hedge funds also recently modified their holdings of SCHM. Fragasso Financial Advisors Inc grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock worth $100,086,000 after buying an additional 20,487 shares in the last quarter. Mariner LLC raised its position in 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 valued at $66,304,000 after buying an additional 39,511 shares during the last quarter. 93 Financial Group LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at approximately $48,614,000. Envestnet Asset Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after acquiring an additional 139,644 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Schwab U.S. Mid-Cap ETF by 9.5% in the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after acquiring an additional 111,937 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 0.0%
NYSEARCA:SCHM opened at $34.50 on Wednesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92. The business has a 50 day moving average price of $35.30 and a two-hundred day moving average price of $34.78. The company has a market cap of $14.57 billion, a P/E ratio of 18.83 and a beta of 1.05.
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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