Motco Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Motco boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 154.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,032 shares of the company’s stock after purchasing an additional 1,232 shares during the quarter. Motco’s holdings in Schwab U.S. Mid-Cap ETF were worth $56,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Bush Investment Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC lifted its position in Schwab U.S. Mid-Cap ETF by 2.8% during the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after buying an additional 5,553 shares in the last quarter. Anchor Investment Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares in the last quarter. World Investment Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares in the last quarter. Finally, Synovus Financial Corp lifted its position in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares in the last quarter.

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

Shares of SCHM stock opened at $27.89 on Friday. The stock has a market cap of $11.34 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28. The firm’s 50 day moving average price is $28.43 and its two-hundred day moving average price is $28.12.

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.