Y Intercept Hong Kong Ltd Acquires Shares of 25,792 Schwab U.S. Mid-Cap ETF $SCHM

Y Intercept Hong Kong Ltd bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,792 shares of the company’s stock, valued at approximately $799,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Brighton Jones LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the 4th quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after buying an additional 75,941 shares in the last quarter. Royal Bank of Canada grew its position in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after buying an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after buying an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 37.4% in the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after buying an additional 915 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $35.81 on Monday. The firm has a market cap of $14.90 billion, a PE ratio of 18.83 and a beta of 1.03. The company has a fifty day simple moving average of $35.31 and a 200 day simple moving average of $33.14. Schwab U.S. Mid-Cap ETF has a 12-month low of $27.76 and a 12-month high of $36.90.

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.