Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 130.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,057 shares of the company’s stock after purchasing an additional 18,130 shares during the period. Smartleaf Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $950,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Guerra Advisors Inc acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $33,000. Geneos Wealth Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after acquiring an additional 519 shares in the last quarter. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $42,000. Grey Fox Wealth Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth about $64,000. Finally, Eastern Bank purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $70,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $32.76 on Tuesday. The company’s 50 day simple moving average is $31.15 and its 200-day simple moving average is $30.03. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $32.84. The firm has a market capitalization of $13.42 billion, a PE ratio of 18.83 and a beta of 1.08.

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.