Finley Financial LLC Takes $48,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Finley Financial LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,668 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors have also recently made changes to their positions in the company. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in 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 acquiring an additional 2,234,519 shares in the last quarter. Gemmer Asset Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after acquiring an additional 1,027,320 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 33.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its position in Schwab U.S. Mid-Cap ETF by 209.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 644,951 shares of the company’s stock worth $17,872,000 after acquiring an additional 436,390 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.5 %

SCHM opened at $29.24 on Wednesday. The firm has a market cap of $4.19 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 $24.54 and a 12 month high of $30.28. The stock has a 50-day moving average of $28.71 and a 200 day moving average of $27.66.

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.