Main Street Financial Solutions LLC Reduces Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Main Street Financial Solutions LLC decreased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 12.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 270,151 shares of the company’s stock after selling 36,919 shares during the period. Main Street Financial Solutions LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 41.7% during the 4th quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock worth $16,202,000 after buying an additional 158,469 shares during the period. Dorato Capital Management acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $2,361,000. Chicago Partners Investment Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock worth $30,528,000 after acquiring an additional 93,144 shares in the last quarter. Blue Square Asset Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 28.0% during the 4th quarter. Blue Square Asset Management LLC now owns 305,958 shares of the company’s stock worth $9,200,000 after acquiring an additional 66,876 shares in the last quarter. Finally, Cassilly Financial Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $1,154,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $35.54 on Thursday. The firm has a market cap of $14.93 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.10 and a 1-year high of $36.65. The firm has a fifty day moving average of $34.33 and a two-hundred day moving average of $32.44.

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.