Fifth Third Bancorp lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 519.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 25,706 shares of the company’s stock after purchasing an additional 21,556 shares during the period. Fifth Third Bancorp’s holdings in Schwab U.S. Mid-Cap ETF were worth $796,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Godsey & Gibb Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the first quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $31,000. International Assets Investment Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $36,000. Geneos Wealth Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after purchasing an additional 519 shares during the period. Finally, Ascentis Independent Advisors bought a new position in Schwab U.S. Mid-Cap ETF during the 1st quarter valued at approximately $53,000.
Schwab U.S. Mid-Cap ETF Price Performance
SCHM opened at $34.97 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90. The business has a 50 day simple moving average of $35.48 and a two-hundred day simple moving average of $33.49. The firm has a market capitalization of $14.58 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03.
Schwab U.S. Mid-Cap ETF 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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