Affinity Capital Advisors LLC Sells 2,797 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Affinity Capital Advisors LLC lessened its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.0% during the second quarter, Holdings Channel.com reports. The fund owned 36,891 shares of the company’s stock after selling 2,797 shares during the period. Affinity Capital Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,871,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Williams Financial LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 6,285.7% during the 2nd quarter. Williams Financial LLC now owns 320,369 shares of the company’s stock valued at $25,145,000 after purchasing an additional 315,352 shares during the period. Cetera Investment Advisers raised its position in shares of Schwab U.S. Mid-Cap ETF by 795.6% in the 1st quarter. Cetera Investment Advisers now owns 325,438 shares of the company’s stock worth $26,500,000 after acquiring an additional 289,099 shares in the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter worth approximately $17,337,000. Apollon Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,245.9% in the 2nd quarter. Apollon Wealth Management LLC now owns 229,962 shares of the company’s stock valued at $17,898,000 after purchasing an additional 212,876 shares during the period. Finally, Koshinski Asset Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1,352.2% during the first quarter. Koshinski Asset Management Inc. now owns 203,092 shares of the company’s stock valued at $16,538,000 after purchasing an additional 189,107 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.3 %

Shares of SCHM stock opened at $83.25 on Wednesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $83.47. The stock has a market cap of $11.93 billion, a PE ratio of 16.47 and a beta of 1.09. The company’s fifty day moving average price is $79.86 and its 200-day moving average price is $79.11.

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.