Schwab International Equity ETF (NYSEARCA:SCHF) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $26.92 and traded as low as $26.48. Schwab International Equity ETF shares last traded at $26.48, with a volume of 15,295,257 shares traded.

Schwab International Equity ETF Trading Down 3.7%

The business’s fifty day moving average price is $27.55 and its 200 day moving average price is $26.92. The company has a market capitalization of $66.21 billion, a P/E ratio of 16.14 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. CENTRAL TRUST Co bought a new position in Schwab International Equity ETF during the 3rd quarter worth approximately $193,000. Fifth Third Bancorp increased its stake in Schwab International Equity ETF by 1.9% in the third quarter. Fifth Third Bancorp now owns 231,200 shares of the company’s stock valued at $6,351,000 after purchasing an additional 4,334 shares in the last quarter. Three Bridge Wealth Advisors LLC bought a new stake in Schwab International Equity ETF in the third quarter valued at approximately $177,000. King Luther Capital Management Corp bought a new stake in Schwab International Equity ETF in the third quarter valued at approximately $2,769,000. Finally, Winthrop Capital Management LLC raised its holdings in Schwab International Equity ETF by 0.6% in the third quarter. Winthrop Capital Management LLC now owns 334,049 shares of the company’s stock worth $9,176,000 after purchasing an additional 2,117 shares during the period.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.