Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $30.96 and last traded at $30.9340, with a volume of 756611 shares. The stock had previously closed at $30.48.
Schwab U.S. Mid-Cap ETF Trading Up 1.3%
The firm’s fifty day moving average price is $29.87 and its two-hundred day moving average price is $29.38. The stock has a market capitalization of $12.64 billion, a PE ratio of 18.83 and a beta of 1.08.
Institutional Investors Weigh In On Schwab U.S. Mid-Cap ETF
Hedge funds have recently modified their holdings of the company. Creative Planning increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.4% in the 2nd quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after purchasing an additional 684,597 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.9% in the third quarter. HighTower Advisors LLC now owns 10,782,575 shares of the company’s stock valued at $319,596,000 after buying an additional 198,793 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,473,140 shares of the company’s stock worth $310,424,000 after buying an additional 200,917 shares during the period. Moneta Group Investment Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 5.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock worth $297,031,000 after buying an additional 555,701 shares during the period. Finally, Advisory Alpha LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 6.8% during the 3rd quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after buying an additional 568,609 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- This stock gets a 94 out of 100
- 3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
