May Hill Capital LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 83.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,692 shares of the company’s stock after acquiring an additional 68,302 shares during the period. May Hill Capital LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,501,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Caprock Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $697,000. Arkadios Wealth Advisors bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $727,000. Belpointe Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 85.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 45,867 shares of the company’s stock worth $1,359,000 after buying an additional 21,177 shares during the period. Dorato Capital Management bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth about $2,361,000. Finally, Cassilly Financial Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth about $1,154,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM stock opened at $33.95 on Friday. The company has a market capitalization of $14.26 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The company has a 50-day simple moving average of $32.50 and a 200 day simple moving average of $31.50. Schwab U.S. Mid-Cap ETF has a 52 week low of $26.45 and a 52 week high of $35.03.
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.
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