Blue Square Asset Management LLC Grows Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Blue Square Asset Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 206.6% in the 4th quarter, Holdings Channel reports. The firm owned 331,284 shares of the company’s stock after buying an additional 223,237 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 4.6% of Blue Square Asset Management LLC’s portfolio, making the stock its 5th biggest holding. Blue Square Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,180,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the period. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $30,000. Archer Investment Corp lifted its position in 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 last quarter. UMB Bank n.a. boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the period. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $41,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $29.20 on Friday. The business’s 50-day simple moving average is $28.73 and its 200-day simple moving average is $27.74. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The firm has a market capitalization of $4.19 billion, a PE ratio of 16.47 and a beta of 1.09.

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.