KPP Advisory Services LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 220.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 19,203 shares of the company’s stock after acquiring an additional 13,204 shares during the period. KPP Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $532,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $30,000. Archer Investment Corp boosted 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 valued at $34,000 after buying an additional 393 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $41,000. Hantz Financial Services Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after buying an additional 575 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $66,000.
Schwab U.S. Mid-Cap ETF Stock Down 0.9 %
Shares of NYSEARCA:SCHM opened at $28.94 on Monday. The stock has a market cap of $4.15 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 $24.54 and a 12-month high of $30.28. The business’s 50 day moving average is $28.73 and its 200 day moving average is $27.82.
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.
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