Modus Advisors LLC Purchases 16,413 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Modus Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,597 shares of the company’s stock after purchasing an additional 16,413 shares during the quarter. Modus Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of SCHM. Farmers & Merchants Investments Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth about $25,000. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Archer Investment Corp lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $41,000. Finally, Hantz Financial Services Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.6 %

Schwab U.S. Mid-Cap ETF stock traded up $0.17 on Friday, hitting $27.84. 108,769 shares of the stock traded hands, compared to its average volume of 796,357. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28. The business’s fifty day simple moving average is $28.72 and its 200 day simple moving average is $27.44. The firm has a market cap of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.