Palouse Capital Management Inc. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 238.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,168 shares of the company’s stock after buying an additional 1,528 shares during the period. Palouse Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $60,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Archer Investment Corp lifted its position 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 worth $34,000 after acquiring an additional 393 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $66,000. Farmers & Merchants Investments Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Trading Up 0.2 %
Shares of SCHM opened at $28.89 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The stock has a 50 day simple moving average of $28.52 and a 200-day simple moving average of $27.97. The stock has a market cap of $4.14 billion, a PE 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.
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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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