Miracle Mile Advisors LLC Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Miracle Mile Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 93.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,789 shares of the company’s stock after purchasing an additional 65,112 shares during the quarter. Miracle Mile Advisors LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $3,735,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCHM. Global Wealth Strategies & Associates increased its position in shares of 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. Centaurus Financial Inc. grew its position in Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after acquiring an additional 209 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares in the last quarter. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Finally, Leisure Capital Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $27.86 on Tuesday. The firm has a market cap of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09. The firm’s fifty day moving average is $28.75 and its 200 day moving average is $27.56. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.17 and a 52 week high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.