Schwab Emerging Markets Equity ETF $SCHE Shares Sold by Sierra Ocean LLC

Sierra Ocean LLC lowered its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 72.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 62,184 shares of the company’s stock after selling 164,240 shares during the period. Schwab Emerging Markets Equity ETF accounts for approximately 1.4% of Sierra Ocean LLC’s holdings, making the stock its 17th biggest holding. Sierra Ocean LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,267,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHE. Rakuten Investment Management Inc. lifted its position in shares of Schwab Emerging Markets Equity ETF by 3.5% during the third quarter. Rakuten Investment Management Inc. now owns 3,047,559 shares of the company’s stock worth $111,571,000 after purchasing an additional 102,271 shares during the last quarter. Rebalance LLC grew its stake in Schwab Emerging Markets Equity ETF by 2.3% in the third quarter. Rebalance LLC now owns 2,350,308 shares of the company’s stock worth $85,669,000 after purchasing an additional 52,050 shares in the last quarter. Orgel Wealth Management LLC increased its holdings in Schwab Emerging Markets Equity ETF by 3.4% in the third quarter. Orgel Wealth Management LLC now owns 2,274,253 shares of the company’s stock valued at $82,897,000 after buying an additional 75,668 shares during the last quarter. Mather Group LLC. bought a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at about $78,226,000. Finally, Sanctuary Advisors LLC raised its stake in Schwab Emerging Markets Equity ETF by 1.9% during the first quarter. Sanctuary Advisors LLC now owns 1,909,261 shares of the company’s stock valued at $62,910,000 after buying an additional 36,013 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 1.9%

Shares of NYSEARCA SCHE opened at $34.06 on Friday. The stock’s 50 day moving average price is $36.21 and its two-hundred day moving average price is $35.58. Schwab Emerging Markets Equity ETF has a 52-week low of $31.75 and a 52-week high of $37.64. The stock has a market capitalization of $12.01 billion, a P/E ratio of 15.58 and a beta of 0.61.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.