FineMark National Bank & Trust lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 198.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,811 shares of the company’s stock after purchasing an additional 20,498 shares during the quarter. FineMark National Bank & Trust’s holdings in Schwab U.S. Mid-Cap ETF were worth $854,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Natixis Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $919,000. PNC Financial Services Group Inc. grew its position in Schwab U.S. Mid-Cap ETF by 43.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 33,691 shares of the company’s stock worth $2,799,000 after acquiring an additional 10,153 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 3.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 15,197 shares of the company’s stock valued at $1,263,000 after purchasing an additional 514 shares in the last quarter. Summit Trail Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 51.1% in the 3rd quarter. Summit Trail Advisors LLC now owns 13,345 shares of the company’s stock valued at $1,109,000 after purchasing an additional 4,514 shares during the last quarter. Finally, FMR LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 18.1% in the third quarter. FMR LLC now owns 28,711 shares of the company’s stock worth $2,386,000 after purchasing an additional 4,407 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM stock opened at $27.11 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The stock has a market capitalization of $11.06 billion, a PE ratio of 18.04 and a beta of 1.16. The stock’s fifty day moving average is $27.99 and its 200-day moving average is $28.13.
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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