Athena Investment Management Raises Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Athena Investment Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.0% in the fourth quarter, HoldingsChannel reports. The firm owned 79,013 shares of the company’s stock after acquiring an additional 53,103 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 1.3% of Athena Investment Management’s portfolio, making the stock its 11th biggest holding. Athena Investment Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,189,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Bush Investment Group LLC grew its stake in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC grew its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after acquiring an additional 5,553 shares during the period. Anchor Investment Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after acquiring an additional 1,136 shares during the period. World Investment Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after acquiring an additional 747 shares during the period. Finally, Synovus Financial Corp boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.1 %

Shares of SCHM opened at $27.89 on Friday. The firm has a market cap of $11.34 billion, a PE ratio of 19.14 and a beta of 1.15. The company’s fifty day moving average is $28.43 and its two-hundred day moving average is $28.12. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28.

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.