HBK Sorce Advisory LLC Sells 657,300 Shares of Schwab Emerging Markets Equity ETF $SCHE

HBK Sorce Advisory LLC reduced its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 44.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 808,459 shares of the company’s stock after selling 657,300 shares during the period. Schwab Emerging Markets Equity ETF comprises 0.7% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 17th largest holding. HBK Sorce Advisory LLC owned approximately 0.23% of Schwab Emerging Markets Equity ETF worth $28,256,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF during the fourth quarter worth about $28,000. Financial Consulate Inc. boosted its holdings in Schwab Emerging Markets Equity ETF by 222.7% in the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares during the last quarter. Oak Harbor Wealth Partners LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 2,042.2% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock valued at $32,000 after acquiring an additional 919 shares during the last quarter. Root Financial Partners LLC bought a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at approximately $40,000. Finally, Frazier Financial Advisors LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 4,460.7% in the fourth quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock valued at $42,000 after acquiring an additional 1,249 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE stock opened at $35.75 on Monday. The business’s 50 day simple moving average is $34.57 and its 200 day simple moving average is $34.13. Schwab Emerging Markets Equity ETF has a one year low of $28.48 and a one year high of $37.06. The stock has a market capitalization of $12.47 billion, a PE ratio of 15.58 and a beta of 0.58.

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.