Stephens Inc. AR Purchases 5,076 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stephens Inc. AR grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,612 shares of the company’s stock after buying an additional 5,076 shares during the quarter. Stephens Inc. AR’s holdings in Schwab U.S. Mid-Cap ETF were worth $211,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bush Investment Group LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after buying an additional 673 shares during the period. Denver PWM LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after acquiring an additional 5,553 shares during the period. Anchor Investment Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the period. Finally, Synovus Financial Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $28.89 on Monday. The company has a market capitalization of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a fifty day simple moving average of $28.52 and a two-hundred day simple moving average of $27.97. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.