Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Ballast Advisors LLC

Ballast Advisors LLC cut its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 263,619 shares of the company’s stock after selling 6,662 shares during the quarter. Schwab Emerging Markets Equity ETF makes up approximately 2.4% of Ballast Advisors LLC’s portfolio, making the stock its 11th biggest position. Ballast Advisors LLC owned 0.08% of Schwab Emerging Markets Equity ETF worth $7,692,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHE. Blue Trust Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 323.5% in the third quarter. Blue Trust Inc. now owns 3,113 shares of the company’s stock valued at $83,000 after buying an additional 2,378 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. McKinley Carter Wealth Services Inc. raised its stake in shares of Schwab Emerging Markets Equity ETF by 6.4% during the third quarter. McKinley Carter Wealth Services Inc. now owns 12,855 shares of the company’s stock worth $375,000 after purchasing an additional 768 shares during the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth approximately $9,850,000. Finally, Williams Financial LLC acquired a new position in Schwab Emerging Markets Equity ETF during the second quarter worth $4,262,000.

Schwab Emerging Markets Equity ETF Price Performance

Schwab Emerging Markets Equity ETF stock traded down $0.47 during trading hours on Wednesday, hitting $28.41. The stock had a trading volume of 58,753 shares, compared to its average volume of 1,107,863. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1-year low of $23.33 and a 1-year high of $30.25. The stock’s fifty day moving average is $28.29 and its two-hundred day moving average is $27.17.

Schwab Emerging Markets Equity ETF Company 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.