Contravisory Investment Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 570.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,472 shares of the company’s stock after acquiring an additional 22,524 shares during the quarter. Contravisory Investment Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $785,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the business. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $25,000. Creative Capital Management Investments LLC bought a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $38,000. Roxbury Financial LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $39,000. Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $42,000.
Schwab U.S. Mid-Cap ETF Trading Up 0.5%
NYSEARCA:SCHM opened at $30.17 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.91. The firm has a fifty day simple moving average of $29.69 and a 200 day simple moving average of $29.11. The stock has a market capitalization of $12.26 billion, a PE ratio of 18.83 and a beta of 1.08.
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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