Essex LLC Purchases 16,882 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Essex LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 690,252 shares of the company’s stock after purchasing an additional 16,882 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 3.3% of Essex LLC’s portfolio, making the stock its 9th biggest holding. Essex LLC owned 0.16% of Schwab U.S. Mid-Cap ETF worth $23,482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lodestone Wealth Management LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.3% during the 3rd quarter. Lodestone Wealth Management LLC now owns 18,140 shares of the company’s stock worth $617,000 after acquiring an additional 2,132 shares during the period. JM2 Capital Inc. grew its position in Schwab U.S. Mid-Cap ETF by 2.7% in the third quarter. JM2 Capital Inc. now owns 38,046 shares of the company’s stock valued at $1,294,000 after acquiring an additional 984 shares during the period. Womack Financial LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Womack Financial LLC now owns 499,879 shares of the company’s stock valued at $17,006,000 after purchasing an additional 13,436 shares in the last quarter. Salem Investment Counselors Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Salem Investment Counselors Inc. now owns 645,893 shares of the company’s stock valued at $21,973,000 after purchasing an additional 3,212 shares during the last quarter. Finally, Ifrah Financial Services Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $1,408,000.

Schwab U.S. Mid-Cap ETF Trading Down 1.2%

NYSEARCA SCHM traded down $0.43 during trading hours on Wednesday, reaching $34.07. 2,854,562 shares of the company’s stock were exchanged, compared to its average volume of 1,456,193. The firm has a fifty day moving average of $35.30 and a 200-day moving average of $34.78. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The stock has a market cap of $14.38 billion, a PE ratio of 18.83 and a beta of 1.05.

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.