Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Sets New 52-Week High – Here’s What Happened

Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $35.85 and last traded at $35.72, with a volume of 110638 shares traded. The stock had previously closed at $35.63.

Schwab U.S. Mid-Cap ETF Stock Up 1.0%

The stock has a market capitalization of $15.11 billion, a PE ratio of 18.83 and a beta of 1.04. The business’s 50-day moving average is $33.96 and its two-hundred day moving average is $32.27.

Institutional Trading of Schwab U.S. Mid-Cap ETF

A number of large investors have recently made changes to their positions in SCHM. Godsey & Gibb Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the 1st quarter worth approximately $29,000. Evergreen Advisors LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Fifth Third Bancorp purchased a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $30,000. Accredited Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares during the period. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $31,000.

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.