Ballentine Partners LLC Sells 7,047 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Ballentine Partners LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 0.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 746,740 shares of the company’s stock after selling 7,047 shares during the period. Ballentine Partners LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $19,833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHE. Spire Wealth Management increased its position in shares of Schwab Emerging Markets Equity ETF by 3.4% during the fourth quarter. Spire Wealth Management now owns 12,561 shares of the company’s stock worth $299,000 after buying an additional 409 shares during the period. Lincoln National Corp grew its holdings in Schwab Emerging Markets Equity ETF by 8.8% during the 4th quarter. Lincoln National Corp now owns 10,751 shares of the company’s stock worth $267,000 after acquiring an additional 871 shares during the period. Principal Securities Inc. bought a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter worth about $180,000. Smithfield Trust Co acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at about $67,000. Finally, Berger Financial Group Inc acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at about $237,000.

Schwab Emerging Markets Equity ETF Trading Down 1.5 %

NYSEARCA SCHE traded down $0.39 during trading hours on Friday, hitting $26.43. 1,116,604 shares of the company’s stock were exchanged, compared to its average volume of 1,099,351. Schwab Emerging Markets Equity ETF has a 1-year low of $22.88 and a 1-year high of $27.78. The stock has a 50-day simple moving average of $26.85 and a 200 day simple moving average of $26.16. The firm has a market cap of $8.90 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83.

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.