92,993 Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Prime Capital Investment Advisors LLC

by · The Cerbat Gem

Prime Capital Investment Advisors LLC decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,737,989 shares of the company’s stock after selling 92,993 shares during the period. Prime Capital Investment Advisors LLC owned about 0.41% of Schwab U.S. Mid-Cap ETF worth $59,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SCHM. Financial Solutions Advisory Group Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter worth $39,615,000. Triangle Securities Wealth Management acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $17,977,000. Bangor Savings Bank acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $16,086,000. Avior Wealth Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter valued at $13,366,000. Finally, Lincoln Capital Corp purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter valued at $11,917,000.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

Shares of NYSEARCA SCHM traded up $0.38 during trading on Tuesday, hitting $34.53. The company had a trading volume of 1,437,824 shares, compared to its average volume of 1,480,080. The stock has a fifty day simple moving average of $35.17 and a two-hundred day simple moving average of $34.89. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $28.25 and a fifty-two week high of $36.92. The firm has a market capitalization of $14.59 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.

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