IF Advisors LLC Invests $943,000 in Schwab U.S. Mid-Cap ETF $SCHM

IF Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 31,369 shares of the company’s stock, valued at approximately $943,000. Schwab U.S. Mid-Cap ETF comprises approximately 0.8% of IF Advisors LLC’s holdings, making the stock its 26th biggest holding.

Other large investors have also recently made changes to their positions in the company. Fifth Third Bancorp bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Accredited Wealth Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after buying an additional 502 shares during the last quarter. Kingdom Financial Group LLC. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter worth approximately $31,000. Ransom Advisory Ltd bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter worth approximately $32,000. Finally, Guerra Advisors Inc bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $33,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.1%

NYSEARCA SCHM opened at $35.33 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $26.64 and a twelve month high of $35.44. The firm has a market capitalization of $14.84 billion, a PE ratio of 18.83 and a beta of 1.04. The stock’s 50 day moving average is $33.16 and its 200 day moving average is $31.86.

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.