Capital Investment Advisory Services LLC Has $321,000 Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Capital Investment Advisory Services LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,578 shares of the company’s stock after acquiring an additional 7,696 shares during the period. Capital Investment Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the period. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $30,000. Archer Investment Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. UMB Bank n.a. increased its position in shares of 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 purchasing an additional 882 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $41,000.

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

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.94 on Friday. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s 50-day moving average price is $28.75 and its two-hundred day moving average price is $27.80. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.54 and a 1-year high of $30.28.

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.