Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Mitchell Capital Management Co.

Mitchell Capital Management Co. boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 184.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,090 shares of the company’s stock after purchasing an additional 9,794 shares during the quarter. Mitchell Capital Management Co.’s holdings in Schwab U.S. Mid-Cap ETF were worth $418,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Duncker Streett & Co. Inc. raised its position in Schwab U.S. Mid-Cap ETF by 199.9% during the fourth quarter. Duncker Streett & Co. Inc. now owns 5,426 shares of the company’s stock worth $150,000 after acquiring an additional 3,617 shares during the last quarter. Sharkey Howes & Javer lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Sharkey Howes & Javer now owns 50,811 shares of the company’s stock worth $1,408,000 after buying an additional 33,874 shares during the period. Sherman Asset Management Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $453,000. Athena Investment Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 205.0% during the 4th quarter. Athena Investment Management now owns 79,013 shares of the company’s stock worth $2,189,000 after acquiring an additional 53,103 shares during the period. Finally, Jacobi Capital Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 206.3% in the fourth quarter. Jacobi Capital Management LLC now owns 281,616 shares of the company’s stock worth $7,804,000 after acquiring an additional 189,684 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $27.89 on Friday. The company 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 1 year low of $24.64 and a 1 year high of $30.28. The firm has a 50 day moving average price of $28.43 and a 200 day moving average price of $28.14.

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.