Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $15.30 Million Stake in Schwab Emerging Markets Equity ETF $SCHE

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 35.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 467,279 shares of the company’s stock after selling 254,286 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned 0.13% of Schwab Emerging Markets Equity ETF worth $15,303,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. HighTower Advisors LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 10,445,370 shares of the company’s stock valued at $348,562,000 after purchasing an additional 303,891 shares in the last quarter. US Bancorp DE grew its position in shares of Schwab Emerging Markets Equity ETF by 89.0% in the 3rd quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock valued at $217,265,000 after purchasing an additional 3,065,021 shares during the period. SageView Advisory Group LLC increased its stake in Schwab Emerging Markets Equity ETF by 5.0% during the 2nd quarter. SageView Advisory Group LLC now owns 3,764,296 shares of the company’s stock worth $116,129,000 after purchasing an additional 178,191 shares in the last quarter. Corient Private Wealth LLC increased its stake in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after purchasing an additional 1,679,145 shares in the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $74,621,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE opened at $33.04 on Thursday. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $36.00. The firm’s 50 day moving average price is $34.18 and its two-hundred day moving average price is $33.68. The firm has a market cap of $11.57 billion, a P/E ratio of 15.58 and a beta of 0.54.

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. 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.