Marquette Asset Management LLC Purchases 66,190 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Marquette Asset Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.9% during the 4th quarter, HoldingsChannel reports. The firm owned 99,468 shares of the company’s stock after buying an additional 66,190 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 0.4% of Marquette Asset Management LLC’s investment portfolio, making the stock its 19th largest holding. Marquette Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHM. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $30,000. Archer Investment Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the period. Massmutual Trust Co. FSB ADV bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $41,000. Hantz Financial Services Inc. increased its position in Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares during the period. Finally, Lowe Wealth Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 2,124 shares of the company’s stock valued at $59,000 after purchasing an additional 1,416 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $28.13 on Wednesday. The company has a 50 day moving average price of $28.75 and a 200-day moving average price of $27.57. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The stock has a market capitalization of $4.03 billion, a PE ratio of 16.47 and a beta of 1.09.

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.