JMG Financial Group Ltd. Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

JMG Financial Group Ltd. raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,003,645 shares of the company’s stock after acquiring an additional 54,379 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 3.2% of JMG Financial Group Ltd.’s portfolio, making the stock its 8th biggest holding. JMG Financial Group Ltd. owned approximately 0.72% of Schwab U.S. Mid-Cap ETF worth $75,595,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. WestHill Financial Advisors Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth $28,000. Fifth Third Bancorp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after buying an additional 450 shares during the last quarter. NBC Securities Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $37,000. North Star Investment Management Corp. bought a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $39,000. Finally, VisionPoint Advisory Group LLC lifted its position 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 valued at $52,000 after purchasing an additional 767 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM traded up $0.92 during mid-day trading on Tuesday, hitting $77.31. The stock had a trading volume of 203,535 shares, compared to its average volume of 321,785. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year high of $81.74. The business has a 50 day moving average price of $78.45 and a two-hundred day moving average price of $73.58. The firm has a market cap of $11.06 billion, a P/E ratio of 16.71 and a beta of 1.09.

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.