Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Econ Financial Services Corp

Econ Financial Services Corp lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 188.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 62,826 shares of the company’s stock after acquiring an additional 41,069 shares during the period. Econ Financial Services Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Choreo LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 226.8% in the fourth quarter. Choreo LLC now owns 93,625 shares of the company’s stock valued at $2,594,000 after purchasing an additional 64,978 shares in the last quarter. Chandler Asset Management Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Chandler Asset Management Inc. now owns 53,760 shares of the company’s stock worth $1,490,000 after purchasing an additional 35,913 shares in the last quarter. Money Concepts Capital Corp raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 191.7% in the 4th quarter. Money Concepts Capital Corp now owns 298,728 shares of the company’s stock valued at $8,278,000 after purchasing an additional 196,330 shares in the last quarter. Country Club Bank increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Country Club Bank now owns 15,000 shares of the company’s stock valued at $415,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Stratos Wealth Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 198.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 28,002 shares of the company’s stock valued at $776,000 after buying an additional 18,612 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.6 %

SCHM stock opened at $28.81 on Wednesday. The company has a market capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The business has a 50 day simple moving average of $28.70 and a 200-day simple moving average of $27.84.

Schwab U.S. Mid-Cap ETF 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.