Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is HHM Wealth Advisors LLC’s 4th Largest Position

HHM Wealth Advisors LLC lessened its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 553,938 shares of the company’s stock after selling 20,081 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 7.3% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. HHM Wealth Advisors LLC owned approximately 0.40% of Schwab U.S. Mid-Cap ETF worth $41,723,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. raised its stake 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 raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% during the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after acquiring an additional 17,766,110 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 3.5% during the third quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock valued at $241,993,000 after acquiring an additional 119,381 shares in the last quarter. Moneta Group Investment Advisors LLC raised its stake 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 acquiring an additional 97,614 shares in the last quarter. 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 Stock Performance

NYSEARCA:SCHM traded up $0.33 during trading hours on Friday, reaching $77.33. The company’s stock had a trading volume of 201,087 shares, compared to its average volume of 317,755. The company has a market capitalization of $11.06 billion, a P/E ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The stock has a 50 day moving average price of $78.50 and a two-hundred day moving average price of $73.75.

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.