Schwab U.S. Mid-Cap ETF $SCHM is Missouri Trust & Investment Co’s 6th Largest Position

Missouri Trust & Investment Co raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 328,815 shares of the company’s stock after acquiring an additional 17,344 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 2.9% of Missouri Trust & Investment Co’s portfolio, making the stock its 6th biggest holding. Missouri Trust & Investment Co owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $9,746,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SCHM. Denver PWM LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 4.9% during the 2nd quarter. Denver PWM LLC now owns 650,802 shares of the company’s stock valued at $18,255,000 after buying an additional 30,453 shares in the last quarter. Belpointe Asset Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 85.8% in the third quarter. Belpointe Asset Management LLC now owns 45,867 shares of the company’s stock valued at $1,359,000 after acquiring an additional 21,177 shares during the period. Arkadios Wealth Advisors bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $727,000. Y Intercept Hong Kong Ltd purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $478,000. Finally, Seneca Financial Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 16.8% during the third quarter. Seneca Financial Advisors LLC now owns 696,167 shares of the company’s stock valued at $20,634,000 after acquiring an additional 100,076 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $32.20 on Friday. The company’s 50 day simple moving average is $31.30 and its two-hundred day simple moving average is $30.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.13. The stock has a market capitalization of $13.19 billion, a PE ratio of 18.83 and a beta of 1.08.

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.