Quantinno Capital Management LP Has $2.15 Million Stake in Schwab U.S. Mid-Cap ETF $SCHM

Quantinno Capital Management LP increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 39.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 69,542 shares of the company’s stock after acquiring an additional 19,623 shares during the quarter. Quantinno Capital Management LP’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,153,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHM. Valpey Financial Services LLC grew its stake in Schwab U.S. Mid-Cap ETF by 2,876.4% in the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after buying an additional 4,082,734 shares in the last quarter. 93 Financial Group LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $48,614,000. Moneta Group Investment Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after acquiring an additional 648,134 shares during the period. Corient Private Wealth LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 97.8% in the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after purchasing an additional 637,571 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab U.S. Mid-Cap ETF by 4.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock valued at $328,744,000 after purchasing an additional 459,489 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $35.89 on Tuesday. Schwab U.S. Mid-Cap ETF has a 52-week low of $28.19 and a 52-week high of $36.90. The business’s fifty day moving average is $35.59 and its 200 day moving average is $33.75. The firm has a market cap of $14.99 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04.

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.