Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $28.50 and last traded at $28.50, with a volume of 709 shares changing hands. The stock had previously closed at $27.57.
Schwab U.S. Mid-Cap ETF Stock Performance
The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company’s 50 day simple moving average is $79.46 and its 200 day simple moving average is $79.03.
Hedge Funds Weigh In On Schwab U.S. Mid-Cap ETF
Hedge funds have recently made changes to their positions in the business. Farmers & Merchants Investments Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 75.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock worth $26,000 after purchasing an additional 148 shares during the last quarter. Chilton Capital Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $30,000. Valued Wealth Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 390 shares during the last quarter. Finally, Institutional & Family Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 500.0% in the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock worth $34,000 after buying an additional 360 shares during the period.
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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