SeaCrest Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 204.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 92,171 shares of the company’s stock after buying an additional 61,871 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently made changes to their positions in SCHM. Cordant Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Archer Investment Corp lifted its holdings 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 purchasing an additional 393 shares during the period. Massmutual Trust Co. FSB ADV purchased a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $41,000. Hantz Financial Services Inc. increased its holdings 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 worth $51,000 after buying an additional 575 shares during the period. Finally, Lowe Wealth Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 2,124 shares of the company’s stock worth $59,000 after buying an additional 1,416 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Trading Up 1.0 %
Shares of NYSEARCA SCHM opened at $28.13 on Wednesday. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.17 and a 12 month high of $30.28. The company has a 50 day simple moving average of $28.75 and a two-hundred day simple moving average of $27.57.
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.
See Also
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- What is a Death Cross in Stocks?
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- What Makes a Stock a Good Dividend Stock?
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- The Role Economic Reports Play in a Successful Investment Strategy
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
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.
