Riversedge Advisors LLC Reduces Stock Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Riversedge Advisors LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,221 shares of the company’s stock after selling 468 shares during the quarter. Riversedge Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $299,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHE. Decker Retirement Planning Inc. purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $29,000. Strategic Investment Solutions Inc. IL grew its stake in Schwab Emerging Markets Equity ETF by 112.3% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock valued at $35,000 after acquiring an additional 630 shares in the last quarter. Joseph Group Capital Management purchased a new position in Schwab Emerging Markets Equity ETF during the third quarter valued at approximately $36,000. First Personal Financial Services bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $48,000. Finally, Hollencrest Capital Management lifted its stake in Schwab Emerging Markets Equity ETF by 314.9% in the 2nd quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock worth $60,000 after purchasing an additional 1,716 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE opened at $26.60 on Friday. The company has a market cap of $8.95 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a one year low of $23.52 and a one year high of $30.25. The firm has a fifty day moving average price of $27.26 and a two-hundred day moving average price of $27.54.

Schwab Emerging Markets Equity ETF Company 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.