Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co cut its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,642 shares of the company’s stock after selling 1,534 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,217,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHM. Farmers & Merchants Investments Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $25,000. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth about $30,000. Chilton Capital Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth about $30,000. Archer Investment Corp raised its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. Finally, Massmutual Trust Co. FSB ADV acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $27.71 on Thursday. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm has a 50 day simple moving average of $28.73 and a 200-day simple moving average of $27.44. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.17 and a 1-year high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.