Schwab Emerging Markets Equity ETF $SCHE Shares Sold by Alliance Wealth Management Group

Alliance Wealth Management Group reduced its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 482,441 shares of the company’s stock after selling 26,100 shares during the quarter. Schwab Emerging Markets Equity ETF makes up 3.5% of Alliance Wealth Management Group’s portfolio, making the stock its 9th biggest holding. Alliance Wealth Management Group owned approximately 0.14% of Schwab Emerging Markets Equity ETF worth $15,800,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. PFS Partners LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth about $25,000. Lodestone Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at $28,000. Morton Brown Family Wealth LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after purchasing an additional 490 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $35,000. Finally, Kiker Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $36,000.

Schwab Emerging Markets Equity ETF Stock Up 0.2%

Shares of SCHE opened at $32.99 on Wednesday. The firm has a market cap of $11.51 billion, a PE ratio of 15.58 and a beta of 0.55. The company’s fifty day moving average is $34.04 and its two-hundred day moving average is $33.67. Schwab Emerging Markets Equity ETF has a fifty-two week low of $24.11 and a fifty-two week high of $36.00.

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.