&Partners Buys 681 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

&Partners lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.9% in the second quarter, HoldingsChannel reports. The fund owned 4,100 shares of the company’s stock after acquiring an additional 681 shares during the period. &Partners’ holdings in Schwab U.S. Mid-Cap ETF were worth $319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Madison Park Capital Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 4.8% in the 2nd quarter. Madison Park Capital Advisors LLC now owns 23,450 shares of the company’s stock worth $1,825,000 after buying an additional 1,070 shares during the period. Horst & Graben Wealth Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $212,000. Fortis Capital Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the second quarter. Fortis Capital Management LLC now owns 113,950 shares of the company’s stock worth $8,869,000 after purchasing an additional 1,805 shares in the last quarter. Essex LLC raised its stake in Schwab U.S. Mid-Cap ETF by 3.4% during the 2nd quarter. Essex LLC now owns 175,692 shares of the company’s stock valued at $13,674,000 after purchasing an additional 5,703 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 7.3% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 30,174 shares of the company’s stock worth $2,348,000 after purchasing an additional 2,046 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $81.68 on Monday. The firm has a market cap of $11.71 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year high of $82.26. The company has a 50 day simple moving average of $78.73 and a two-hundred day simple moving average of $78.55.

Schwab U.S. Mid-Cap ETF 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.