Stevens Capital Partners Has $262,000 Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stevens Capital Partners increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 263.6% during the fourth quarter, HoldingsChannel reports. The fund owned 9,462 shares of the company’s stock after acquiring an additional 6,860 shares during the quarter. Stevens Capital Partners’ holdings in Schwab U.S. Mid-Cap ETF were worth $262,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Farmers & Merchants Investments Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the last quarter. Geneos Wealth Management Inc. raised its position in 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 valued at $27,000 after buying an additional 640 shares during the last quarter. Cordant Inc. raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after buying an additional 726 shares during the last quarter. Archer Investment Corp raised its position in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after buying an additional 882 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 2.5 %

NYSEARCA SCHM opened at $27.98 on Friday. The business has a fifty day simple moving average of $28.46 and a 200 day simple moving average of $28.04. The firm has a market capitalization of $4.01 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

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.