Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Towercrest Capital Management

Towercrest Capital Management lowered its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 494,504 shares of the company’s stock after selling 20,748 shares during the period. Schwab Emerging Markets Equity ETF comprises approximately 2.3% of Towercrest Capital Management’s holdings, making the stock its 14th largest position. Towercrest Capital Management’s holdings in Schwab Emerging Markets Equity ETF were worth $14,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL lifted its stake in Schwab Emerging Markets Equity ETF by 112.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock valued at $35,000 after buying an additional 630 shares during the last quarter. Joseph Group Capital Management purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the third quarter worth approximately $36,000. GPS Wealth Strategies Group LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 359.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after purchasing an additional 1,106 shares during the last quarter. Abich Financial Wealth Management LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 4,912.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock worth $39,000 after purchasing an additional 1,523 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth approximately $41,000.

Schwab Emerging Markets Equity ETF Price Performance

Schwab Emerging Markets Equity ETF stock opened at $27.60 on Friday. Schwab Emerging Markets Equity ETF has a 12 month low of $23.33 and a 12 month high of $30.25. The business has a 50 day simple moving average of $28.58 and a 200-day simple moving average of $27.37. The stock has a market capitalization of $9.29 billion, a PE ratio of 12.56 and a beta of 0.83.

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.