53,041 Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Bought by Millennium Management LLC

Millennium Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 53,041 shares of the company’s stock, valued at approximately $1,470,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. US Bancorp DE increased its stake in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. US Bancorp DE now owns 45,010 shares of the company’s stock valued at $1,247,000 after purchasing an additional 29,745 shares in the last quarter. Smartleaf Asset Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth approximately $83,000. Principal Securities Inc. grew its position in Schwab U.S. Mid-Cap ETF by 177.9% in the fourth quarter. Principal Securities Inc. now owns 22,563 shares of the company’s stock worth $625,000 after acquiring an additional 14,444 shares during the period. Key Financial Inc grew its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Key Financial Inc now owns 4,839 shares of the company’s stock worth $134,000 after acquiring an additional 3,226 shares during the period. Finally, Jane Street Group LLC grew its position in Schwab U.S. Mid-Cap ETF by 162.5% in the fourth quarter. Jane Street Group LLC now owns 38,205 shares of the company’s stock worth $1,059,000 after acquiring an additional 23,653 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

NYSEARCA:SCHM opened at $27.36 on Wednesday. The stock’s fifty day moving average is $25.83 and its two-hundred day moving average is $27.43. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The stock has a market capitalization of $11.34 billion, a price-to-earnings ratio of 19.13 and a beta of 1.07.

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.