Ifrah Financial Services Inc. Acquires 30,434 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ifrah Financial Services Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 176.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,690 shares of the company’s stock after purchasing an additional 30,434 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,321,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. Trust Co. of Vermont raised its stake in Schwab U.S. Mid-Cap ETF by 446.9% in the third quarter. Trust Co. of Vermont now owns 1,668 shares of the company’s stock valued at $139,000 after purchasing an additional 1,363 shares in the last quarter. Blue Trust Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 119.7% in the third quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock valued at $160,000 after acquiring an additional 1,123 shares in the last quarter. Raymond James & Associates lifted its position in Schwab U.S. Mid-Cap ETF by 5.6% during the third quarter. Raymond James & Associates now owns 174,372 shares of the company’s stock valued at $14,489,000 after buying an additional 9,243 shares during the period. Embree Financial Group lifted its position in Schwab U.S. Mid-Cap ETF by 3.3% during the third quarter. Embree Financial Group now owns 16,681 shares of the company’s stock valued at $1,386,000 after buying an additional 529 shares during the period. Finally, Warren Street Wealth Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 9.4% during the third quarter. Warren Street Wealth Advisors LLC now owns 7,048 shares of the company’s stock valued at $586,000 after buying an additional 604 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.89 on Monday. The firm has a market capitalization of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a fifty day simple moving average of $28.52 and a two-hundred day simple moving average of $27.97. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

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.