Madison Park Capital Advisors LLC Acquires Shares of 21,868 Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Madison Park Capital Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,868 shares of the company’s stock, valued at approximately $1,647,000. Schwab U.S. Mid-Cap ETF comprises 1.6% of Madison Park Capital Advisors LLC’s investment portfolio, making the stock its 21st biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHM. Cerity Partners LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% in the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after purchasing an additional 17,766,110 shares during the last quarter. Financial Engines Advisors L.L.C. grew its position in shares of Schwab U.S. Mid-Cap ETF by 9.1% in 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 purchasing an additional 1,714,519 shares during the last quarter. Advocacy Wealth Management Services LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $26,898,000. Trust Point Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $16,609,000. Finally, Lido Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 144.8% in the third quarter. Lido Advisors LLC now owns 331,156 shares of the company’s stock valued at $22,413,000 after purchasing an additional 195,868 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM traded up $0.92 during trading hours on Tuesday, reaching $77.31. 203,535 shares of the company were exchanged, compared to its average volume of 321,785. 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 1-year low of $62.87 and a 1-year high of $81.74. The business has a 50 day moving average of $78.45 and a 200 day moving average of $73.58.

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.