Pachira Investments Inc. Increases Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pachira Investments Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,014 shares of the company’s stock after purchasing an additional 12,034 shares during the quarter. Pachira Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Archer Investment Corp lifted its holdings 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 valued at $34,000 after purchasing an additional 393 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $66,000. Finally, Farmers & Merchants Investments Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.81 on Tuesday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28. The company has a market capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. The company has a fifty day moving average of $28.62 and a 200 day moving average of $27.90.

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.