Stevens Capital Partners Buys New Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stevens Capital Partners purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 3,314 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds also recently made changes to their positions in SCHM. Perigon Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after buying an additional 136 shares during the period. Carnegie Capital Asset Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.5% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock valued at $422,000 after purchasing an additional 136 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.6% in the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after purchasing an additional 138 shares in the last quarter. Sawgrass Asset Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock worth $862,000 after purchasing an additional 150 shares during the last quarter. Finally, Arlington Financial Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the 4th quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after buying an additional 168 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.5 %

Shares of SCHM traded down $0.38 during trading hours on Wednesday, hitting $78.81. 77,729 shares of the stock traded hands, compared to its average volume of 325,216. The business has a fifty day moving average of $78.67 and a 200-day moving average of $74.34. The firm has a market capitalization of $11.30 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74.

About Schwab U.S. Mid-Cap ETF

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.