Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Motco

Motco boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 154.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,032 shares of the company’s stock after acquiring an additional 1,232 shares during the period. Motco’s holdings in Schwab U.S. Mid-Cap ETF were worth $56,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Private Trust Co. NA raised its position in Schwab U.S. Mid-Cap ETF by 195.5% during the fourth quarter. Private Trust Co. NA now owns 16,389 shares of the company’s stock worth $454,000 after acquiring an additional 10,843 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 27,741 shares of the company’s stock worth $769,000 after buying an additional 18,494 shares in the last quarter. Bouchey Financial Group Ltd grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Bouchey Financial Group Ltd now owns 38,415 shares of the company’s stock worth $1,064,000 after buying an additional 25,610 shares in the last quarter. Hilltop Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 193.1% during the fourth quarter. Hilltop Partners LLC now owns 34,581 shares of the company’s stock worth $958,000 after buying an additional 22,783 shares in the last quarter. Finally, HC Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 202.2% during the fourth quarter. HC Advisors LLC now owns 103,011 shares of the company’s stock worth $2,854,000 after buying an additional 68,921 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $27.89 on Friday. The company has a market cap of $11.34 billion, a PE ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The company has a 50-day simple moving average of $28.43 and a 200-day simple moving average of $28.12.

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.