RMR Wealth Builders increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 494.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,773 shares of the company’s stock after purchasing an additional 26,432 shares during the period. RMR Wealth Builders’ holdings in Schwab U.S. Mid-Cap ETF were worth $880,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Cordant Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Archer Investment Corp boosted its position in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $41,000. Studio Investment Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $49,000. Finally, Hantz Financial Services Inc. lifted its holdings 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 valued at $51,000 after acquiring an additional 575 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Down 1.2 %
Shares of SCHM stock traded down $0.33 during trading hours on Friday, hitting $27.62. 1,238,661 shares of the company’s stock were exchanged, compared to its average volume of 1,300,360. The firm has a 50 day moving average of $28.74 and a two-hundred day moving average of $27.51. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The firm has a market cap of $3.96 billion, a P/E ratio of 16.47 and a beta of 1.09.
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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