Mengis Capital Management Inc. Acquires 115,569 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Mengis Capital Management Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 228.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,087 shares of the company’s stock after purchasing an additional 115,569 shares during the period. Schwab U.S. Mid-Cap ETF comprises 0.9% of Mengis Capital Management Inc.’s portfolio, making the stock its 25th biggest holding. Mengis Capital Management Inc. owned about 0.12% of Schwab U.S. Mid-Cap ETF worth $4,602,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Archer Investment Corp boosted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $66,000. Farmers & Merchants Investments Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.3 %

NYSEARCA:SCHM opened at $27.91 on Tuesday. The firm has a market cap of $11.35 billion, a PE ratio of 19.14 and a beta of 1.15. The company’s 50-day moving average price is $28.46 and its two-hundred day moving average price is $28.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

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.