DRW Securities LLC Sells 83,573 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

DRW Securities LLC reduced its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 48.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,672 shares of the company’s stock after selling 83,573 shares during the quarter. DRW Securities LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,392,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. increased its position in shares of Schwab Emerging Markets Equity ETF by 255.6% during the fourth quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock valued at $26,000 after acquiring an additional 754 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 359.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after purchasing an additional 1,106 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter worth $41,000. Abich Financial Wealth Management LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 4,912.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock valued at $39,000 after purchasing an additional 1,523 shares in the last quarter. Finally, Hollencrest Capital Management lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 314.9% during the second quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock valued at $60,000 after purchasing an additional 1,716 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA SCHE opened at $27.63 on Friday. Schwab Emerging Markets Equity ETF has a one year low of $22.88 and a one year high of $27.78. The stock has a 50-day moving average of $26.83 and a 200 day moving average of $26.31. The company has a market capitalization of $9.30 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83.

About Schwab Emerging Markets Equity ETF

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.