First Pacific Financial Lowers Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First Pacific Financial reduced its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,413 shares of the company’s stock after selling 1,620 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 0.6% of First Pacific Financial’s holdings, making the stock its 26th largest position. First Pacific Financial’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,763,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,681 shares of the company’s stock worth $404,000 after purchasing an additional 148 shares in the last quarter. Sawgrass Asset Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after buying an additional 150 shares in the last quarter. Greenwood Gearhart Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 3.4% during the second quarter. Greenwood Gearhart Inc. now owns 4,781 shares of the company’s stock valued at $340,000 after acquiring an additional 157 shares during the last quarter. Arlington Financial Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the fourth quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after buying an additional 168 shares during the last quarter. Finally, Mengis Capital Management Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock valued at $3,534,000 after acquiring an additional 175 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.4 %

Shares of NYSEARCA:SCHM opened at $81.16 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.16. The stock’s 50-day moving average price is $77.02 and its two-hundred day moving average price is $72.15. The firm has a market cap of $11.27 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13.

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.