Ifrah Financial Services Inc. Sells 180 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ifrah Financial Services Inc. reduced its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.1% in the 4th quarter, HoldingsChannel reports. The fund owned 16,513 shares of the company’s stock after selling 180 shares during the period. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,244,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Cerity Partners LLC raised its position in Schwab U.S. Mid-Cap ETF by 1,509.2% during the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after purchasing an additional 17,766,110 shares during the last quarter. Financial Engines Advisors L.L.C. increased its position in shares of Schwab U.S. Mid-Cap ETF by 9.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock worth $1,386,937,000 after buying an additional 1,714,519 shares during the period. Advocacy Wealth Management Services LLC bought a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth $26,898,000. Trust Point Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $16,609,000. Finally, Lido Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 144.8% during the third quarter. Lido Advisors LLC now owns 331,156 shares of the company’s stock valued at $22,413,000 after acquiring an additional 195,868 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.9 %

SCHM traded up $0.70 during trading on Friday, hitting $78.03. The company’s stock had a trading volume of 1,148,422 shares, compared to its average volume of 328,519. The firm has a market capitalization of $11.19 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 $62.87 and a twelve month high of $81.74. The stock’s fifty day moving average price is $78.59 and its 200-day moving average price is $74.09.

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.