Apollon Financial LLC Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Apollon Financial LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,265 shares of the company’s stock after acquiring an additional 89,580 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 0.9% of Apollon Financial LLC’s portfolio, making the stock its 25th largest position. Apollon Financial LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $3,665,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHM. Advisory Alpha LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc increased its stake in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc raised its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after buying an additional 82,365 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after acquiring an additional 287,937 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

Shares of SCHM opened at $28.75 on Friday. The company has a 50-day simple moving average of $28.65 and a 200-day simple moving average of $27.87. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The company has a market capitalization of $4.12 billion, a PE ratio of 16.47 and a beta of 1.09.

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.