Schwab Emerging Markets Equity ETF $SCHE Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 56.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 997,192 shares of the company’s stock after selling 1,279,125 shares during the period. Envestnet Asset Management Inc. owned approximately 0.29% of Schwab Emerging Markets Equity ETF worth $33,276,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHE. Brandywine Oak Private Wealth LLC raised its stake in Schwab Emerging Markets Equity ETF by 0.3% during the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 110,557 shares of the company’s stock valued at $3,689,000 after acquiring an additional 321 shares in the last quarter. Cape Investment Advisory Inc. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 0.3% during the second quarter. Cape Investment Advisory Inc. now owns 118,319 shares of the company’s stock valued at $3,566,000 after purchasing an additional 346 shares during the period. Brown Advisory Inc. raised its stake in shares of Schwab Emerging Markets Equity ETF by 1.6% during the second quarter. Brown Advisory Inc. now owns 23,038 shares of the company’s stock valued at $694,000 after purchasing an additional 358 shares in the last quarter. Reston Wealth Management LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 2.0% in the third quarter. Reston Wealth Management LLC now owns 20,208 shares of the company’s stock worth $674,000 after purchasing an additional 392 shares during the period. Finally, Blue Bell Private Wealth Management LLC grew its position in Schwab Emerging Markets Equity ETF by 2.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 17,069 shares of the company’s stock valued at $570,000 after buying an additional 404 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.9%

Schwab Emerging Markets Equity ETF stock opened at $35.69 on Thursday. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $35.74. The stock has a market cap of $12.50 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The company’s 50-day moving average price is $33.71 and its two-hundred day moving average price is $33.07.

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.