Ascension Capital Advisors Inc. Buys 6,500 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ascension Capital Advisors Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 9,810 shares of the company’s stock after acquiring an additional 6,500 shares during the period. Ascension Capital Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $272,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares in the last quarter. JMG Financial Group Ltd. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after buying an additional 1,910,992 shares during the last quarter. Finally, Summit Financial Strategies Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after acquiring an additional 1,282,163 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.2 %

Shares of NYSEARCA SCHM opened at $27.85 on Wednesday. The company has a 50 day moving average of $28.43 and a 200 day moving average of $28.11. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The firm has a market cap of $11.33 billion, a P/E ratio of 19.14 and a beta of 1.15.

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.