Integrated Capital Management LLC Grows Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Integrated Capital Management LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 207.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 60,301 shares of the company’s stock after acquiring an additional 40,689 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 0.9% of Integrated Capital Management LLC’s portfolio, making the stock its 21st biggest holding. Integrated Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,671,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHM. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after buying an additional 574,475 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 217.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock valued at $51,155,000 after acquiring an additional 421,888 shares during the last quarter. Trinity Legacy Partners LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 217.5% in the 3rd quarter. Trinity Legacy Partners LLC now owns 436,706 shares of the company’s stock worth $36,286,000 after purchasing an additional 299,153 shares in the last quarter. Campbell Wealth Management acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $24,509,000. Finally, Cerity Partners LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after purchasing an additional 287,937 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock traded up $0.26 during trading on Friday, reaching $27.93. 378,377 shares of the company were exchanged, compared to its average volume of 911,073. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28. The company has a market capitalization of $4.00 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock’s 50 day simple moving average is $28.72 and its two-hundred day simple moving average is $27.44.

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.