Cantor Fitzgerald Investment Advisors L.P. Has $6.61 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

Cantor Fitzgerald Investment Advisors L.P. trimmed its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 14.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 223,016 shares of the company’s stock after selling 38,429 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned 0.05% of Schwab U.S. Mid-Cap ETF worth $6,610,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SCHM. Denver PWM LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 4.9% during the 2nd quarter. Denver PWM LLC now owns 650,802 shares of the company’s stock worth $18,255,000 after acquiring an additional 30,453 shares in the last quarter. Diversified Trust Co bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at approximately $265,000. Y Intercept Hong Kong Ltd acquired a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $478,000. Signature Estate & Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.1% during the second quarter. Signature Estate & Investment Advisors LLC now owns 61,525 shares of the company’s stock worth $1,726,000 after purchasing an additional 1,292 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 97,709.5% during the second quarter. Franklin Resources Inc. now owns 102,700 shares of the company’s stock valued at $2,881,000 after purchasing an additional 102,595 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 1.0%

NYSEARCA:SCHM opened at $30.07 on Thursday. The company’s 50 day moving average is $29.86 and its 200-day moving average is $29.32. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.91. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.