WESCAP Management Group Inc. Cuts Stake in Schwab U.S. Mid-Cap ETF $SCHM

WESCAP Management Group Inc. trimmed its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 11.6% during the 2nd quarter, Holdings Channel reports. The fund owned 129,991 shares of the company’s stock after selling 17,108 shares during the period. WESCAP Management Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,646,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Atwood & Palmer Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $25,000. Creative Capital Management Investments LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $38,000. Roxbury Financial LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $39,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth $42,000. Finally, Bulwark Capital Corp acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $58,000.

Schwab U.S. Mid-Cap ETF Trading Up 1.3%

Shares of SCHM opened at $29.47 on Friday. The firm has a market cap of $11.98 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.31. The stock has a fifty day moving average price of $29.69 and a 200-day moving average price of $28.46.

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.