Praetorian Wealth Management Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 11,145 shares of the company’s stock, valued at approximately $309,000.
Other large investors also recently made changes to their positions in the company. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $30,000. Archer Investment Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. Massmutual Trust Co. FSB ADV bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $41,000. Studio Investment Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $49,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of NYSEARCA SCHM traded down $0.28 during trading hours on Friday, reaching $27.67. 866,967 shares of the stock were exchanged, compared to its average volume of 1,231,861. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.17 and a 52 week high of $30.28. The stock’s fifty day simple moving average is $28.74 and its 200 day simple moving average is $27.51.
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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