Ackerman Capital Advisors LLC Has $6.99 Million Stake in Schwab Emerging Markets Equity ETF $SCHE

Ackerman Capital Advisors LLC reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 7.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,313 shares of the company’s stock after selling 16,501 shares during the period. Schwab Emerging Markets Equity ETF comprises approximately 1.5% of Ackerman Capital Advisors LLC’s investment portfolio, making the stock its 17th largest position. Ackerman Capital Advisors LLC owned 0.06% of Schwab Emerging Markets Equity ETF worth $6,985,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab Emerging Markets Equity ETF by 86.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock valued at $111,321,000 after purchasing an additional 1,715,694 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 176.4% during the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after buying an additional 1,679,145 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Schwab Emerging Markets Equity ETF by 51.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,257,688 shares of the company’s stock valued at $37,907,000 after acquiring an additional 425,331 shares during the last quarter. AlphaCore Capital LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 71,480.2% in the 2nd quarter. AlphaCore Capital LLC now owns 329,269 shares of the company’s stock valued at $9,924,000 after acquiring an additional 328,809 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter valued at $10,494,000.

Schwab Emerging Markets Equity ETF Stock Up 0.5%

Shares of SCHE stock opened at $33.94 on Wednesday. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $34.54. The stock’s fifty day simple moving average is $33.23 and its 200 day simple moving average is $32.34. The firm has a market capitalization of $11.88 billion, a P/E ratio of 15.58 and a beta of 0.54.

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.