Victrix Investment Advisors Invests $6.10 Million in Schwab U.S. Mid-Cap ETF $SCHM

Victrix Investment Advisors bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 202,819 shares of the company’s stock, valued at approximately $6,099,000. Schwab U.S. Mid-Cap ETF accounts for 2.4% of Victrix Investment Advisors’ holdings, making the stock its 9th biggest position.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Accredited Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after buying an additional 502 shares during the period. Kingdom Financial Group LLC. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $31,000. Ransom Advisory Ltd purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $32,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $36,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $35.77 on Friday. The company has a market cap of $15.02 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a one year low of $27.05 and a one year high of $35.85. The business’s 50-day simple moving average is $33.53 and its 200 day simple moving average is $32.04.

Schwab U.S. Mid-Cap ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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