PNC Financial Services Group Inc. Has $1.54 Million Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

PNC Financial Services Group Inc. lessened its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 43.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 51,779 shares of the company’s stock after selling 40,333 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,535,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHM. Guerra Advisors Inc bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $33,000. Geneos Wealth Management Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 54.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after acquiring an additional 519 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $64,000. Eastern Bank bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $70,000. Finally, Bulwark Capital Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 31.1% in the 3rd quarter. Bulwark Capital Corp now owns 2,699 shares of the company’s stock worth $80,000 after acquiring an additional 640 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $32.97 on Monday. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $33.18. The stock’s 50-day moving average is $31.58 and its 200 day moving average is $30.28. The firm has a market cap of $13.50 billion, a price-to-earnings 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.