Leisure Capital Management Sells 1,339 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Leisure Capital Management reduced its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,750 shares of the company’s stock after selling 1,339 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 1.2% of Leisure Capital Management’s investment portfolio, making the stock its 20th largest position. Leisure Capital Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,241,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. WestHill Financial Advisors Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $28,000. Fifth Third Bancorp boosted its position in Schwab U.S. Mid-Cap ETF by 1,285.7% during the 3rd quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after buying an additional 450 shares during the period. North Star Investment Management Corp. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $39,000. NBC Securities Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $37,000. Finally, Lowe Wealth Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $53,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM traded up $0.33 during midday trading on Friday, reaching $77.33. The stock had a trading volume of 201,087 shares, compared to its average volume of 317,755. The company’s 50 day moving average price is $78.50 and its 200 day moving average price is $73.70. The firm has a market cap of $11.06 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74.

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.