Vise Technologies Inc. Makes New $2.49 Million Investment in Schwab U.S. Mid-Cap ETF $SCHM

Vise Technologies Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the second quarter, Holdings Channel reports. The institutional investor acquired 88,670 shares of the company’s stock, valued at approximately $2,487,000.

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

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $29.68 on Tuesday. The firm has a market capitalization of $12.06 billion, a P/E ratio of 18.83 and a beta of 1.08. The stock has a 50-day simple moving average of $29.69 and a two-hundred day simple moving average of $28.54. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.31.

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.