JMG Financial Group Ltd. Has $94.69 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

JMG Financial Group Ltd. cut its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,148,832 shares of the company’s stock after selling 88,303 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 2.7% of JMG Financial Group Ltd.’s portfolio, making the stock its 11th largest position. JMG Financial Group Ltd. owned 0.77% of Schwab U.S. Mid-Cap ETF worth $94,685,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kiley Juergens Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after buying an additional 323 shares in the last quarter. Stratos Wealth Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after buying an additional 352 shares in the last quarter. Meriwether Wealth & Planning LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 4.3% in the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock valued at $258,000 after buying an additional 355 shares in the last quarter. Planwiser Financial LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the third quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after buying an additional 357 shares in the last quarter. Finally, Bouchey Financial Group Ltd increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the third quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock valued at $1,155,000 after buying an additional 370 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $35.33 on Monday. The business has a fifty day moving average of $33.16 and a 200-day moving average of $31.87. The firm has a market cap of $14.84 billion, a PE ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a twelve month low of $26.64 and a twelve month high of $35.44.

Schwab U.S. Mid-Cap ETF Company 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.