Chicago Partners Investment Group LLC Acquires 64,931 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Chicago Partners Investment Group LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.8% during the first quarter, Holdings Channel reports. The firm owned 1,016,853 shares of the company’s stock after acquiring an additional 64,931 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 0.7% of Chicago Partners Investment Group LLC’s investment portfolio, making the stock its 23rd biggest position. Chicago Partners Investment Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $34,339,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Godsey & Gibb Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter worth approximately $29,000. Kingdom Financial Group LLC. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at approximately $31,000. Ransom Advisory Ltd bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at approximately $32,000. International Assets Investment Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at approximately $36,000. Finally, Geneos Wealth Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 54.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after acquiring an additional 519 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $35.81 on Monday. The firm’s fifty day simple moving average is $35.31 and its 200 day simple moving average is $33.14. The stock has a market cap of $14.90 billion, a P/E ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a twelve month low of $27.76 and a twelve month high of $36.90.

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.