Pioneer Wealth Management Group Decreases Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Pioneer Wealth Management Group reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 5.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,041 shares of the company’s stock after selling 5,734 shares during the period. Schwab Emerging Markets Equity ETF comprises 1.4% of Pioneer Wealth Management Group’s investment portfolio, making the stock its 15th largest position. Pioneer Wealth Management Group’s holdings in Schwab Emerging Markets Equity ETF were worth $2,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Charles Schwab Investment Advisory Inc. increased its stake in Schwab Emerging Markets Equity ETF by 1.6% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 85,303,270 shares of the company’s stock worth $2,153,908,000 after purchasing an additional 1,381,789 shares during the period. Jane Street Group LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 5,410.5% during the first quarter. Jane Street Group LLC now owns 2,769,692 shares of the company’s stock valued at $69,935,000 after buying an additional 2,719,430 shares during the period. Rebalance LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 9.8% during the second quarter. Rebalance LLC now owns 1,953,452 shares of the company’s stock valued at $51,884,000 after buying an additional 173,665 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab Emerging Markets Equity ETF by 0.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,858,079 shares of the company’s stock valued at $49,351,000 after buying an additional 7,575 shares during the period. Finally, Orgel Wealth Management LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 13.0% during the second quarter. Orgel Wealth Management LLC now owns 1,631,129 shares of the company’s stock valued at $43,323,000 after buying an additional 187,257 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $30.23 on Tuesday. Schwab Emerging Markets Equity ETF has a 52-week low of $22.88 and a 52-week high of $30.25. The stock has a market capitalization of $10.18 billion, a PE ratio of 12.56 and a beta of 0.83. The stock’s 50 day moving average price is $27.39 and its 200-day moving average price is $26.64.

Schwab Emerging Markets Equity ETF 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.