Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $34.22 and last traded at $34.10, with a volume of 258356 shares. The stock had previously closed at $34.05.
Schwab U.S. Mid-Cap ETF Price Performance
The business’s 50 day simple moving average is $32.19 and its 200-day simple moving average is $31.21. The stock has a market capitalization of $14.24 billion, a P/E ratio of 18.83 and a beta of 1.04.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Archer Investment Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 266.9% in the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after buying an additional 782 shares during the period. WJ Financial Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 5.3% during the 1st quarter. WJ Financial Advisors LLC now owns 73,465 shares of the company’s stock worth $2,274,000 after buying an additional 3,666 shares during the period. NWF Advisory Services Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 1st quarter. NWF Advisory Services Inc. now owns 12,370 shares of the company’s stock worth $383,000 after buying an additional 1,175 shares during the period. Chicago Partners Investment Group LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,016,853 shares of the company’s stock valued at $34,339,000 after acquiring an additional 64,931 shares during the last quarter. Finally, Cdkv Holdings LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 3.9% in the 1st quarter. Cdkv Holdings LLC now owns 86,962 shares of the company’s stock valued at $2,692,000 after acquiring an additional 3,225 shares during 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
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.
