Miracle Mile Advisors LLC Sells 100,823 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Miracle Mile Advisors LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 37.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 166,220 shares of the company’s stock after selling 100,823 shares during the period. Miracle Mile Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $4,197,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of SCHE. PNC Financial Services Group Inc. grew its position in shares of Schwab Emerging Markets Equity ETF by 33.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,048 shares of the company’s stock worth $145,000 after buying an additional 1,516 shares during the period. LPL Financial LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 2.6% during the 3rd quarter. LPL Financial LLC now owns 506,108 shares of the company’s stock worth $12,116,000 after buying an additional 12,598 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 49.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,013 shares of the company’s stock worth $120,000 after buying an additional 1,651 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Schwab Emerging Markets Equity ETF by 21,903.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 13,422 shares of the company’s stock worth $321,000 after buying an additional 13,361 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 1.3% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 50,639 shares of the company’s stock valued at $1,212,000 after purchasing an additional 630 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE opened at $26.62 on Tuesday. The stock has a market cap of $8.96 billion, a P/E ratio of 12.56 and a beta of 0.83. The firm has a 50 day moving average price of $26.37 and a 200 day moving average price of $25.27. Schwab Emerging Markets Equity ETF has a 52-week low of $22.88 and a 52-week high of $27.23.

Schwab Emerging Markets Equity ETF Company Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.