Atomi Financial Group Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 935.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,264 shares of the company’s stock after purchasing an additional 54,442 shares during the quarter. Atomi Financial Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,670,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Archer Investment Corp increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $41,000. Hantz Financial Services Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates boosted its stake in Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM opened at $29.24 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The stock has a 50 day moving average price of $28.71 and a two-hundred day moving average price of $27.66. The firm has a market capitalization of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09.
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.
See Also
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- What is a support level?
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Basic Materials Stocks Investing
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- What Investors Need to Know About Upcoming IPOs
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.