North Star Asset Management Inc. Increases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

North Star Asset Management Inc. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 121,610 shares of the company’s stock after acquiring an additional 1,404 shares during the period. North Star Asset Management Inc. owned about 0.09% of Schwab U.S. Mid-Cap ETF worth $9,160,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. WestHill Financial Advisors Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth about $28,000. Worth Asset Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the first quarter worth $29,000. Fifth Third Bancorp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third 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 last quarter. NBC Securities Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $37,000. Finally, North Star Investment Management Corp. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $39,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM traded down $0.01 during mid-day trading on Friday, hitting $75.69. 334,370 shares of the company’s stock traded hands, compared to its average volume of 318,080. The company has a market cap of $10.82 billion, a PE ratio of 16.71 and a beta of 1.09. The firm’s 50 day simple moving average is $78.40 and its 200 day simple moving average is $73.44. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year high of $81.74.

Schwab U.S. Mid-Cap ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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