Fingerlakes Wealth Management Inc. Sells 204 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Fingerlakes Wealth Management Inc. decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,484 shares of the company’s stock after selling 204 shares during the quarter. Fingerlakes Wealth Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $338,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCHM. Bank of New York Mellon Corp increased its position in Schwab U.S. Mid-Cap ETF by 51.6% during the first quarter. Bank of New York Mellon Corp now owns 18,898 shares of the company’s stock worth $1,433,000 after acquiring an additional 6,435 shares during the period. Bank of Montreal Can increased its position in Schwab U.S. Mid-Cap ETF by 21.9% during the first quarter. Bank of Montreal Can now owns 3,808 shares of the company’s stock worth $296,000 after acquiring an additional 683 shares during the period. Cetera Investment Advisers increased its position in Schwab U.S. Mid-Cap ETF by 11.2% during the first quarter. Cetera Investment Advisers now owns 38,993 shares of the company’s stock worth $2,958,000 after acquiring an additional 3,931 shares during the period. Baird Financial Group Inc. increased its position in Schwab U.S. Mid-Cap ETF by 51.6% during the first quarter. Baird Financial Group Inc. now owns 124,164 shares of the company’s stock worth $9,419,000 after acquiring an additional 42,245 shares during the period. Finally, Equitable Holdings Inc. increased its position in Schwab U.S. Mid-Cap ETF by 8.6% during the first quarter. Equitable Holdings Inc. now owns 60,496 shares of the company’s stock worth $4,589,000 after acquiring an additional 4,778 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock traded down $1.50 on Wednesday, reaching $78.96. 304,411 shares of the company were exchanged, compared to its average volume of 317,609. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The stock’s fifty day moving average price is $78.06 and its 200 day moving average price is $72.87. The firm has a market capitalization of $10.96 billion, a PE ratio of 12.93 and a beta of 1.13.

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.