LexAurum Advisors LLC Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

LexAurum Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 203.6% in the 4th quarter, HoldingsChannel reports. The firm owned 261,582 shares of the company’s stock after purchasing an additional 175,431 shares during the period. Schwab U.S. Mid-Cap ETF makes up 1.4% of LexAurum Advisors LLC’s portfolio, making the stock its 15th biggest position. LexAurum Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,248,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SCHM. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Archer Investment Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd 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. UMB Bank n.a. lifted its stake in shares of 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 purchasing an additional 882 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock worth $41,000 after purchasing an additional 984 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $29.19 on Friday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28. The firm has a market capitalization of $4.18 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a fifty day simple moving average of $28.71 and a two-hundred day simple moving average of $27.69.

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.