Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Brightwater Advisory LLC

Brightwater Advisory LLC lowered its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 171,156 shares of the company’s stock after selling 4,614 shares during the quarter. Schwab Emerging Markets Equity ETF makes up approximately 3.7% of Brightwater Advisory LLC’s holdings, making the stock its 10th biggest holding. Brightwater Advisory LLC owned approximately 0.05% of Schwab Emerging Markets Equity ETF worth $4,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 359.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after acquiring an additional 1,106 shares during the last quarter. Abich Financial Wealth Management LLC raised its stake 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 during the period. Headlands Technologies LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF during the second quarter worth $41,000. Hollencrest Capital Management boosted its stake in shares of Schwab Emerging Markets Equity ETF by 314.9% in 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 during the period. Finally, Tradewinds Capital Management LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 214.3% in the 1st quarter. Tradewinds Capital Management LLC now owns 3,134 shares of the company’s stock worth $79,000 after buying an additional 2,137 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE traded down $0.23 during midday trading on Wednesday, reaching $29.16. 315,722 shares of the company’s stock were exchanged, compared to its average volume of 1,124,985. Schwab Emerging Markets Equity ETF has a 52-week low of $22.88 and a 52-week high of $30.25. The business’s fifty day moving average price is $27.45 and its two-hundred day moving average price is $26.67. The stock has a market capitalization of $9.82 billion, a PE 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.