Pacific Sun Financial Corp Increases Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pacific Sun Financial Corp increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,836 shares of the company’s stock after buying an additional 22,434 shares during the quarter. Pacific Sun Financial Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter. Cordant Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after buying an additional 726 shares during the last quarter. Archer Investment Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $28.96 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28. The stock has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. The firm’s fifty day moving average price is $28.49 and its 200 day moving average price is $28.02.

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.