McCarthy Asset Management Inc. Has $4.45 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

McCarthy Asset Management Inc. decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 59,131 shares of the company’s stock after selling 1,574 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 2.9% of McCarthy Asset Management Inc.’s portfolio, making the stock its 10th biggest holding. McCarthy Asset Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,454,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 9.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock valued at $1,386,937,000 after acquiring an additional 1,714,519 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after purchasing an additional 17,766,110 shares during the period. HighTower Advisors LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 3.5% during the 3rd quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock valued at $241,993,000 after purchasing an additional 119,381 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 5.6% during the third quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock valued at $124,653,000 after buying an additional 97,614 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock worth $129,458,000 after buying an additional 5,820 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM traded up $0.33 on Friday, hitting $77.33. The company had a trading volume of 201,087 shares, compared to its average volume of 317,755. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The stock has a fifty day simple moving average of $78.50 and a 200-day simple moving average of $73.70. The firm has a market capitalization of $11.06 billion, a P/E ratio of 16.71 and a beta of 1.09.

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.