SeaCrest Wealth Management LLC Trims Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

SeaCrest Wealth Management LLC lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,041 shares of the company’s stock after selling 1,709 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. WestHill Financial Advisors Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $28,000. Worth Asset Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the first quarter worth about $29,000. Sound Income Strategies LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 77.1% during the 3rd quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock worth $32,000 after acquiring an additional 205 shares in the last quarter. Fifth Third Bancorp increased its position in Schwab U.S. Mid-Cap ETF by 1,285.7% during the 3rd quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after purchasing an additional 450 shares during the period. Finally, Indiana Trust & Investment Management CO bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $35,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.3 %

Shares of NYSEARCA SCHM traded up $0.28 during midday trading on Thursday, reaching $81.43. 267,118 shares of the company’s stock traded hands, compared to its average volume of 317,495. The company has a market cap of $11.30 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13. The stock’s 50 day simple moving average is $77.18 and its 200-day simple moving average is $72.22. Schwab U.S. Mid-Cap ETF has a one year low of $62.87 and a one year high of $81.74.

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.