Foundations Investment Advisors LLC Has $239,000 Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Foundations Investment Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 183.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,613 shares of the company’s stock after purchasing an additional 5,571 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $239,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Centaurus Financial Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 6.1% in the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares in the last quarter. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Leisure Capital Management increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares in the last quarter. Finally, Archer Investment Corp raised its position in shares of 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 purchasing an additional 393 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $28.94 on Friday. The business’s 50-day simple moving average is $28.75 and its 200-day simple moving average is $27.80. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The stock has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.