Evolution Advisers Inc. Takes $105,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Evolution Advisers Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,397 shares of the company’s stock, valued at approximately $105,000.

A number of other hedge funds have also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. grew its stake in Schwab U.S. Mid-Cap ETF by 9.1% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock valued at $1,386,937,000 after purchasing an additional 1,714,519 shares in the last quarter. Cerity Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,509.2% during the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after buying an additional 17,766,110 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 3.5% during the 3rd quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock worth $241,993,000 after buying an additional 119,381 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 5.6% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock worth $124,653,000 after buying an additional 97,614 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock worth $129,458,000 after buying an additional 5,820 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM traded down $0.36 during mid-day trading on Thursday, hitting $77.00. The company had a trading volume of 215,845 shares, compared to its average volume of 319,214. The stock has a market cap of $11.01 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The firm’s 50 day simple moving average is $78.49 and its two-hundred day simple moving average is $73.63.

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.