Empower Advisory Group LLC Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Empower Advisory Group LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 268.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,162 shares of the company’s stock after acquiring an additional 8,860 shares during the quarter. Empower Advisory Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Archer Investment Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after acquiring an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $66,000. Farmers & Merchants Investments Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised 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 valued at $27,000 after purchasing an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.96 on Thursday. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The company’s fifty day moving average price is $28.49 and its 200-day moving average price is $28.02.

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.