Cantor Fitzgerald Investment Advisors L.P. Purchases 100,893 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cantor Fitzgerald Investment Advisors L.P. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 192.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 153,206 shares of the company’s stock after buying an additional 100,893 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SCHM. Almanack Investment Partners LLC. raised its position in Schwab U.S. Mid-Cap ETF by 379.8% in the fourth quarter. Almanack Investment Partners LLC. now owns 25,088 shares of the company’s stock worth $695,000 after purchasing an additional 19,859 shares in the last quarter. BLB&B Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. BLB&B Advisors LLC now owns 1,399,500 shares of the company’s stock valued at $38,780,000 after acquiring an additional 925,578 shares during the period. SOA Wealth Advisors LLC. raised its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. SOA Wealth Advisors LLC. now owns 5,973 shares of the company’s stock worth $166,000 after acquiring an additional 3,990 shares in the last quarter. Arcataur Capital Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 196.0% during the 4th quarter. Arcataur Capital Management LLC now owns 146,327 shares of the company’s stock worth $4,055,000 after purchasing an additional 96,895 shares in the last quarter. Finally, Appleton Partners Inc. MA boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Appleton Partners Inc. MA now owns 10,064 shares of the company’s stock valued at $279,000 after buying an additional 6,709 shares in the last quarter.

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

SCHM stock opened at $28.75 on Friday. The business has a fifty day moving average of $28.65 and a 200-day moving average of $27.87. The company has a market cap of $4.12 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month 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.