GHP Investment Advisors Inc. Purchases 26,989 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

GHP Investment Advisors Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 215.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,528 shares of the company’s stock after purchasing an additional 26,989 shares during the period. GHP Investment Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Advisory Alpha LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its stake in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after purchasing an additional 82,365 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after purchasing an additional 287,937 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $28.75 on Friday. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company has a 50 day simple moving average of $28.65 and a 200 day simple moving average of $27.87. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year 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.