Aurora Private Wealth Inc. reduced its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 30.0% in the first quarter, Holdings Channel.com reports. The fund owned 12,978 shares of the company’s stock after selling 5,574 shares during the quarter. Aurora Private Wealth Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $340,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. grew its position in Schwab U.S. Mid-Cap ETF by 129.1% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock worth $1,646,017,000 after buying an additional 33,472,238 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after acquiring an additional 6,819,239 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 196.5% during the fourth quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock worth $186,110,000 after purchasing an additional 4,449,523 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 198.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,089,280 shares of the company’s stock worth $168,734,000 after purchasing an additional 4,046,898 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 244.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,592,106 shares of the company’s stock worth $71,827,000 after purchasing an additional 1,838,677 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM opened at $27.54 on Thursday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28. The company has a market capitalization of $11.34 billion, a P/E ratio of 18.83 and a beta of 1.07. The firm’s 50 day simple moving average is $26.71 and its 200 day simple moving average is $27.21.
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.
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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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