Elevation Wealth Partners LLC Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Elevation Wealth Partners LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 103.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,935 shares of the company’s stock after buying an additional 21,279 shares during the period. Elevation Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,162,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avior Wealth Management LLC grew its position 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 valued at $9,174,000 after acquiring an additional 357 shares during the period. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Leisure Capital Management grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after purchasing an additional 379 shares during the period. Archer Investment Corp increased its position in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. Finally, Schneider Downs Wealth Management Advisors LP raised its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after buying an additional 421 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

Shares of SCHM stock opened at $28.75 on Monday. 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 firm’s 50 day moving average price is $28.62 and its two-hundred day moving average price is $27.89. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.