BCS Wealth Management Reduces Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

BCS Wealth Management lessened its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 7.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 37,337 shares of the company’s stock after selling 3,060 shares during the quarter. BCS Wealth Management’s holdings in Schwab Emerging Markets Equity ETF were worth $1,029,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its stake in Schwab Emerging Markets Equity ETF by 7.2% during the 4th quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock worth $222,815,000 after buying an additional 559,276 shares during the last quarter. SageView Advisory Group LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 22.3% in the 4th quarter. SageView Advisory Group LLC now owns 3,477,774 shares of the company’s stock valued at $92,613,000 after purchasing an additional 634,282 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 1.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,343,233 shares of the company’s stock valued at $62,400,000 after purchasing an additional 28,661 shares during the last quarter. Rebalance LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 2.8% in the 4th quarter. Rebalance LLC now owns 2,113,897 shares of the company’s stock valued at $56,293,000 after purchasing an additional 58,482 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 32.3% in the 4th quarter. Mariner LLC now owns 1,513,910 shares of the company’s stock valued at $40,316,000 after purchasing an additional 369,614 shares during the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.5%

Shares of SCHE stock opened at $29.40 on Friday. The business’s 50 day moving average is $27.76 and its two-hundred day moving average is $27.52. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $30.25. The company has a market capitalization of $10.01 billion, a P/E ratio of 15.17 and a beta of 0.54.

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.