Ifrah Financial Services Inc. lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 1.9% in the first quarter, Holdings Channel.com reports. The fund owned 46,766 shares of the company’s stock after selling 924 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,225,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oarsman Capital Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after purchasing an additional 622 shares in the last quarter. Truvestments Capital LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after purchasing an additional 686 shares in the last quarter. Blume Capital Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter. Finally, Greenline Partners LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $35,000.
Schwab U.S. Mid-Cap ETF Stock Up 0.6%
Shares of NYSEARCA SCHM opened at $28.71 on Friday. The company’s fifty day moving average is $27.20 and its 200-day moving average is $27.16. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28.
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.
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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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