HighTower Advisors LLC Cuts Position in Schwab Emerging Markets Equity ETF $SCHE

HighTower Advisors LLC reduced its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,662,625 shares of the company’s stock after selling 782,745 shares during the period. HighTower Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $316,451,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Lodestone Wealth Management LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $28,000. Financial Consulate Inc. lifted its position in Schwab Emerging Markets Equity ETF by 222.7% during the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after buying an additional 599 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its position in Schwab Emerging Markets Equity ETF by 2,042.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock valued at $32,000 after buying an additional 919 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $40,000. Finally, Spire Wealth Management grew its stake in Schwab Emerging Markets Equity ETF by 285.7% during the fourth quarter. Spire Wealth Management now owns 1,404 shares of the company’s stock worth $46,000 after buying an additional 1,040 shares during the period.

Schwab Emerging Markets Equity ETF Stock Up 0.1%

Schwab Emerging Markets Equity ETF stock opened at $35.49 on Tuesday. The firm has a fifty day moving average of $34.42 and a 200-day moving average of $34.09. Schwab Emerging Markets Equity ETF has a 52-week low of $28.48 and a 52-week high of $37.06. The firm has a market capitalization of $12.38 billion, a P/E ratio of 15.58 and a beta of 0.58.

About Schwab Emerging Markets Equity ETF

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.