AdvisorNet Financial Inc Trims Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

AdvisorNet Financial Inc lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,159 shares of the company’s stock after selling 146 shares during the period. AdvisorNet Financial Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $339,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. North Star Investment Management Corp. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $39,000. VisionPoint Advisory Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10,957.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 774 shares of the company’s stock worth $52,000 after acquiring an additional 767 shares in the last quarter. Lowe Wealth Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $53,000. Contravisory Investment Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 21.0% during the 1st quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock worth $67,000 after acquiring an additional 142 shares in the last quarter. Finally, Citigroup Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 396.7% during the 3rd quarter. Citigroup Inc. now owns 1,048 shares of the company’s stock worth $71,000 after acquiring an additional 837 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

NYSEARCA SCHM opened at $78.55 on Tuesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $81.74. The stock has a market capitalization of $11.26 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50 day moving average of $78.37 and a two-hundred day moving average of $77.15.

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.