Ascension Capital Advisors Inc. Buys 6,500 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ascension Capital Advisors Inc. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,810 shares of the company’s stock after buying an additional 6,500 shares during the period. Ascension Capital Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $272,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Advisory Alpha LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc lifted its position in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares during the period. JMG Financial Group Ltd. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after buying an additional 1,910,992 shares in the last quarter. Finally, Summit Financial Strategies Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after buying an additional 1,282,163 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.85 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. The company has a 50-day moving average of $28.43 and a 200 day moving average of $28.11.

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.