Leisure Capital Management Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Leisure Capital Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 178.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,600 shares of the company’s stock after purchasing an additional 56,810 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 1.0% of Leisure Capital Management’s portfolio, making the stock its 25th largest position. Leisure Capital Management owned about 0.06% of Schwab U.S. Mid-Cap ETF worth $2,455,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the last quarter. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $30,000. Archer Investment Corp increased its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares during the period. UMB Bank n.a. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $41,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.94 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The company has a 50-day moving average of $28.73 and a 200 day moving average of $27.82. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.