Arbor Trust Wealth Advisors LLC Trims Stock Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Arbor Trust Wealth Advisors LLC reduced its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 47.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,730 shares of the company’s stock after selling 40,649 shares during the quarter. Arbor Trust Wealth Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,109,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHE. RVW Wealth LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the third quarter worth $25,000. EverSource Wealth Advisors LLC boosted its stake in Schwab Emerging Markets Equity ETF by 522.5% during the third quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock valued at $26,000 after buying an additional 904 shares during the period. Citigroup Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 85.9% during the fourth quarter. Citigroup Inc. now owns 1,242 shares of the company’s stock valued at $29,000 after buying an additional 574 shares during the period. SRS Capital Advisors Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 135.7% during the second quarter. SRS Capital Advisors Inc. now owns 1,188 shares of the company’s stock valued at $29,000 after buying an additional 684 shares during the period. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Schwab Emerging Markets Equity ETF during the first quarter valued at $32,000.

Schwab Emerging Markets Equity ETF Stock Down 1.3 %

NYSEARCA:SCHE traded down $0.32 during trading hours on Tuesday, hitting $24.68. 987,982 shares of the company’s stock traded hands, compared to its average volume of 1,290,479. The firm has a market cap of $8.31 billion, a P/E ratio of 11.72 and a beta of 0.80. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $26.15. The business’s fifty day simple moving average is $25.03 and its two-hundred day simple moving average is $24.40.

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.