Kingsview Wealth Management LLC Grows Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Kingsview Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 144.1% during the 4th quarter, Holdings Channel reports. The fund owned 37,099 shares of the company’s stock after purchasing an additional 21,902 shares during the period. Kingsview Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the business. Apollon Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 208.6% in the 4th quarter. Apollon Wealth Management LLC now owns 52,179 shares of the company’s stock valued at $1,446,000 after acquiring an additional 35,271 shares during the last quarter. Apollon Financial LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 209.9% in the 4th quarter. Apollon Financial LLC now owns 132,265 shares of the company’s stock valued at $3,665,000 after purchasing an additional 89,580 shares during the period. Cantor Fitzgerald Investment Advisors L.P. raised its position in Schwab U.S. Mid-Cap ETF by 192.9% during the fourth quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 153,206 shares of the company’s stock worth $4,245,000 after acquiring an additional 100,893 shares during the period. Almanack Investment Partners LLC. raised its position in Schwab U.S. Mid-Cap ETF by 379.8% during the fourth quarter. Almanack Investment Partners LLC. now owns 25,088 shares of the company’s stock worth $695,000 after acquiring an additional 19,859 shares during the period. Finally, BLB&B Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. BLB&B Advisors LLC now owns 1,399,500 shares of the company’s stock worth $38,780,000 after acquiring an additional 925,578 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $28.67 on Wednesday. The company has a fifty day moving average of $28.60 and a two-hundred day moving average of $27.92. The stock has a market capitalization of $4.11 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28.

Schwab U.S. Mid-Cap ETF 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.