Calamos Wealth Management LLC Takes Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Calamos Wealth Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,833 shares of the company’s stock, valued at approximately $298,000.

A number of other hedge funds have also bought and sold shares of the company. Sheets Smith Wealth Management increased its stake in Schwab U.S. Mid-Cap ETF by 1,864.1% in the fourth quarter. Sheets Smith Wealth Management now owns 448,039 shares of the company’s stock worth $33,746,000 after purchasing an additional 425,228 shares during the period. Williams Financial LLC grew its stake in Schwab U.S. Mid-Cap ETF by 6,285.7% in the 2nd quarter. Williams Financial LLC now owns 320,369 shares of the company’s stock worth $25,145,000 after acquiring an additional 315,352 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Schwab U.S. Mid-Cap ETF by 795.6% during the first quarter. Cetera Investment Advisers now owns 325,438 shares of the company’s stock worth $26,500,000 after acquiring an additional 289,099 shares during the period. Tradewinds Capital Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $17,337,000. Finally, Apollon Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,245.9% in the second quarter. Apollon Wealth Management LLC now owns 229,962 shares of the company’s stock valued at $17,898,000 after purchasing an additional 212,876 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 1.9 %

SCHM opened at $81.68 on Monday. The stock’s fifty day moving average is $78.73 and its two-hundred day moving average is $78.55. The company has a market capitalization of $11.71 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $82.26.

Schwab U.S. Mid-Cap ETF 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.