Ewa LLC Sells 10,744 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ewa LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 66.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,390 shares of the company’s stock after selling 10,744 shares during the quarter. Ewa LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $404,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHM. WestHill Financial Advisors Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $28,000. Fifth Third Bancorp boosted its stake in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after acquiring an additional 450 shares during the last quarter. NBC Securities Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $37,000. North Star Investment Management Corp. bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $39,000. Finally, VisionPoint Advisory Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 10,957.1% in the third quarter. VisionPoint Advisory Group LLC now owns 774 shares of the company’s stock worth $52,000 after purchasing an additional 767 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM traded up $0.30 during mid-day trading on Monday, hitting $77.63. The stock had a trading volume of 179,208 shares, compared to its average volume of 315,725. The stock’s fifty day simple moving average is $78.50 and its 200-day simple moving average is $73.79. The firm has a market capitalization of $11.10 billion, a price-to-earnings 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.

Schwab U.S. Mid-Cap ETF 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.