Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Cwm LLC

Cwm LLC reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 18.6% in the fourth quarter, HoldingsChannel reports. The fund owned 150,386 shares of the company’s stock after selling 34,418 shares during the quarter. Cwm LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $3,728,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SCHE. Cerity Partners LLC lifted its stake in Schwab Emerging Markets Equity ETF by 2,551.5% during the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after purchasing an additional 9,372,497 shares during the last quarter. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 2.0% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after purchasing an additional 1,616,463 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 9.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after purchasing an additional 1,017,299 shares during the last quarter. Alliance Wealth Management Group acquired a new stake in Schwab Emerging Markets Equity ETF during the fourth quarter valued at approximately $11,972,000. Finally, Bank of New York Mellon Corp lifted its stake in Schwab Emerging Markets Equity ETF by 125.2% during the third quarter. Bank of New York Mellon Corp now owns 687,102 shares of the company’s stock valued at $16,449,000 after purchasing an additional 382,061 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

SCHE stock opened at $25.20 on Thursday. The firm has a market cap of $8.48 billion, a PE ratio of 11.72 and a beta of 0.80. Schwab Emerging Markets Equity ETF has a 12 month low of $22.88 and a 12 month high of $26.15. The firm has a 50 day simple moving average of $25.10 and a 200 day simple moving average of $24.46.

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.