Ifrah Financial Services Inc. Purchases 30,434 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ifrah Financial Services Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 176.4% in the fourth quarter, HoldingsChannel reports. The firm owned 47,690 shares of the company’s stock after buying an additional 30,434 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in SCHM. Bush Investment Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares in the last quarter. Anchor Investment Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after acquiring an additional 1,136 shares in the last quarter. World Investment Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after acquiring an additional 747 shares in the last quarter. Finally, Synovus Financial Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.89 on Monday. The stock’s fifty day moving average is $28.52 and its two-hundred day moving average is $27.97. The company has a market capitalization of $4.14 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

About Schwab U.S. Mid-Cap ETF

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.