Y Intercept Hong Kong Ltd bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the first quarter, HoldingsChannel reports. The firm bought 25,792 shares of the company’s stock, valued at approximately $799,000.
Several other hedge funds also recently made changes to their positions in SCHM. Valpey Financial Services LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2,876.4% during the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after acquiring an additional 4,082,734 shares in the last quarter. 93 Financial Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $48,614,000. Financial Planning Navigators CORP acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $22,267,000. Moneta Group Investment Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after purchasing an additional 648,134 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in Schwab U.S. Mid-Cap ETF by 97.8% during the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after purchasing an additional 637,571 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of NYSEARCA:SCHM opened at $35.81 on Monday. The stock has a market capitalization of $14.90 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.76 and a 1-year high of $36.90. The company’s fifty day moving average is $35.31 and its two-hundred day moving average is $33.14.
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.
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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).
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