Parallel Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,152 shares of the company’s stock after purchasing an additional 779 shares during the period. Parallel Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $946,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Corient Private Wealth LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the 4th quarter. Corient Private Wealth LLC now owns 231,075 shares of the company’s stock valued at $17,405,000 after purchasing an additional 5,389 shares in the last quarter. Napatree Capital LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $2,110,000. Burkett Financial Services LLC bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $2,397,000. Human Investing LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $221,000. Finally, Clear Rock Advisors LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $4,440,000.
Schwab U.S. Mid-Cap ETF Stock Up 0.9 %
Shares of NYSEARCA:SCHM opened at $81.38 on Tuesday. The firm has a market cap of $11.67 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $82.28. The company’s fifty day simple moving average is $79.48 and its 200 day simple moving average is $78.96.
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.
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