Schwab International Equity ETF (NYSEARCA:SCHF) Shares Purchased by Davis Capital Management

Davis Capital Management boosted its position in Schwab International Equity ETF (NYSEARCA:SCHF) by 3.5% in the second quarter, Holdings Channel.com reports. The firm owned 125,728 shares of the company’s stock after acquiring an additional 4,233 shares during the quarter. Schwab International Equity ETF makes up about 4.2% of Davis Capital Management’s holdings, making the stock its 3rd largest position. Davis Capital Management’s holdings in Schwab International Equity ETF were worth $4,833,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Financial Perspectives Inc acquired a new stake in shares of Schwab International Equity ETF during the 4th quarter valued at approximately $28,000. FSA Wealth Management LLC increased its stake in shares of Schwab International Equity ETF by 299.5% during the 1st quarter. FSA Wealth Management LLC now owns 759 shares of the company’s stock worth $30,000 after purchasing an additional 569 shares in the last quarter. Assetmark Inc. increased its stake in shares of Schwab International Equity ETF by 1,873.8% during the 4th quarter. Assetmark Inc. now owns 829 shares of the company’s stock worth $31,000 after purchasing an additional 787 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Schwab International Equity ETF by 123.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 877 shares of the company’s stock worth $32,000 after purchasing an additional 485 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of Schwab International Equity ETF by 1,738.8% during the 4th quarter. First Horizon Advisors Inc. now owns 901 shares of the company’s stock worth $33,000 after purchasing an additional 852 shares in the last quarter.

Schwab International Equity ETF Stock Down 1.7 %

Shares of SCHF traded down $0.66 during mid-day trading on Friday, reaching $37.86. 6,612,823 shares of the company’s stock were exchanged, compared to its average volume of 3,543,972. The company has a 50-day simple moving average of $39.07 and a two-hundred day simple moving average of $38.38. Schwab International Equity ETF has a 52-week low of $32.29 and a 52-week high of $40.16. The company has a market cap of $36.36 billion, a price-to-earnings ratio of 14.99 and a beta of 0.87.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.