James Investment Research Inc. Purchases 1,496 Shares of Schwab U.S. Mid-Cap ETF $SCHM

James Investment Research Inc. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,467 shares of the company’s stock after purchasing an additional 1,496 shares during the period. James Investment Research Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $518,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $25,000. Creative Capital Management Investments LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $38,000. Roxbury Financial LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $39,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $42,000. Finally, Bulwark Capital Corp acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $58,000.

Schwab U.S. Mid-Cap ETF Stock Down 1.0%

NYSEARCA:SCHM opened at $29.88 on Wednesday. The stock’s 50-day simple moving average is $29.68 and its 200 day simple moving average is $28.21. The firm has a market capitalization of $12.23 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.31.

Schwab U.S. Mid-Cap ETF Company 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.