Arete Wealth Advisors LLC Sells 34,440 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Arete Wealth Advisors LLC trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 64.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,985 shares of the company’s stock after selling 34,440 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHE. GPS Wealth Strategies Group LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 359.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after buying an additional 1,106 shares during the period. Rovin Capital UT ADV increased its stake in Schwab Emerging Markets Equity ETF by 23.1% in the second quarter. Rovin Capital UT ADV now owns 14,338 shares of the company’s stock valued at $381,000 after purchasing an additional 2,693 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Schwab Emerging Markets Equity ETF by 7.6% during the second quarter. Brookstone Capital Management now owns 18,425 shares of the company’s stock valued at $501,000 after purchasing an additional 1,300 shares during the period. CAP Partners LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 28.8% during the 2nd quarter. CAP Partners LLC now owns 37,091 shares of the company’s stock worth $985,000 after purchasing an additional 8,283 shares in the last quarter. Finally, Williams Financial LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter valued at about $4,262,000.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE stock opened at $28.19 on Friday. The stock’s 50 day simple moving average is $28.43 and its 200 day simple moving average is $27.49. The company has a market cap of $9.49 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a fifty-two week low of $23.33 and a fifty-two week high of $30.25.

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.