Watershed Private Wealth LLC Trims Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Watershed Private Wealth LLC cut its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,009 shares of the company’s stock after selling 2,414 shares during the period. Watershed Private Wealth LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $932,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE grew its holdings in shares of Schwab Emerging Markets Equity ETF by 12,168.2% in the third quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock worth $111,255,000 after purchasing an additional 3,781,621 shares during the last quarter. Benjamin Edwards Inc. grew its stake in Schwab Emerging Markets Equity ETF by 7,554.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 762,735 shares of the company’s stock worth $22,255,000 after acquiring an additional 752,771 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 7.5% during the third quarter. HighTower Advisors LLC now owns 7,807,789 shares of the company’s stock worth $227,785,000 after acquiring an additional 544,339 shares during the period. Pure Portfolios Holdings LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF during the third quarter valued at approximately $13,779,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 321.7% in the third quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock valued at $15,374,000 after purchasing an additional 401,943 shares during the period.

Schwab Emerging Markets Equity ETF Stock Up 1.0 %

SCHE opened at $26.87 on Wednesday. The stock’s fifty day moving average is $27.13 and its two-hundred day moving average is $27.52. The company has a market capitalization of $9.04 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 52 week low of $23.73 and a 52 week high of $30.25.

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.