International Private Wealth Advisors LLC Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

International Private Wealth Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,662 shares of the company’s stock after buying an additional 11,108 shares during the period. International Private Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. grew its stake 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 worth $26,000 after acquiring an additional 634 shares in the last quarter. Geneos Wealth Management Inc. grew its stake 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 worth $27,000 after purchasing an additional 640 shares in the last quarter. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $30,000. Archer Investment Corp increased its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. Finally, UMB Bank n.a. raised its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after purchasing an additional 882 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

SCHM opened at $28.81 on Tuesday. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28. The business’s fifty day simple moving average is $28.62 and its 200-day simple moving average is $27.90.

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.