Apollon Wealth Management LLC Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Apollon Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 208.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 52,179 shares of the company’s stock after acquiring an additional 35,271 shares during the quarter. Apollon Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,446,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Advisory Alpha LLC lifted 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 valued at $158,471,000 after purchasing an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc raised its position in Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc lifted its holdings in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares during the period. HighTower Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after buying an additional 82,365 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after buying an additional 287,937 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

Shares of SCHM stock opened at $28.81 on Tuesday. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a fifty day moving average of $28.62 and a 200 day moving average of $27.90. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.