Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Econ Financial Services Corp

Econ Financial Services Corp cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 6.9% in the first quarter, Holdings Channel reports. The fund owned 31,530 shares of the company’s stock after selling 2,332 shares during the period. Econ Financial Services Corp’s holdings in Schwab Emerging Markets Equity ETF were worth $796,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Citigroup Inc. lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 251.5% in the 3rd quarter. Citigroup Inc. now owns 2,728 shares of the company’s stock worth $65,000 after acquiring an additional 1,952 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Schwab Emerging Markets Equity ETF by 0.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 157,825 shares of the company’s stock worth $3,912,000 after buying an additional 1,329 shares during the period. Ritholtz Wealth Management purchased a new position in Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $316,000. Gleason Group Inc. grew its stake in shares of Schwab Emerging Markets Equity ETF by 7.9% in the fourth quarter. Gleason Group Inc. now owns 72,497 shares of the company’s stock worth $1,797,000 after acquiring an additional 5,309 shares in the last quarter. Finally, Life Planning Partners Inc purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the fourth quarter worth $61,000.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE traded down $0.05 during mid-day trading on Monday, hitting $26.45. The company had a trading volume of 692,830 shares, compared to its average volume of 1,077,525. Schwab Emerging Markets Equity ETF has a 1-year low of $22.88 and a 1-year high of $27.78. The company has a market capitalization of $8.90 billion, a PE ratio of 12.56 and a beta of 0.83. The business’s 50-day simple moving average is $26.71 and its 200 day simple moving average is $25.64.

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.