Keybank National Association OH Increases Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Keybank National Association OH lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,722 shares of the company’s stock after purchasing an additional 5,148 shares during the quarter. Keybank National Association OH’s holdings in Schwab U.S. Mid-Cap ETF were worth $214,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHM. Archer Investment Corp boosted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the period. Hantz Financial Services Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth about $66,000. Farmers & Merchants Investments Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $26.05 on Wednesday. The firm has a market cap of $10.59 billion, a PE ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The company has a 50-day moving average of $28.27 and a two-hundred day moving average of $28.15.

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.