Steele Capital Management Inc. Lowers Stock Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Steele Capital Management Inc. reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 348,710 shares of the company’s stock after selling 13,567 shares during the quarter. Steele Capital Management Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $8,805,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHE. Johnson Financial Group Inc. grew its stake in shares of Schwab Emerging Markets Equity ETF by 255.6% in the 4th quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock valued at $26,000 after purchasing an additional 754 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $46,000. BKM Wealth Management LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $46,000. Friedenthal Financial acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $54,000. Finally, Life Planning Partners Inc acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $61,000.

Schwab Emerging Markets Equity ETF Trading Up 0.2 %

Shares of SCHE traded up $0.06 during mid-day trading on Monday, hitting $26.62. The company’s stock had a trading volume of 1,665,372 shares, compared to its average volume of 1,110,902. The firm has a 50-day simple moving average of $26.37 and a 200 day simple moving average of $25.27. The firm has a market capitalization of $8.96 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1-year low of $22.88 and a 1-year high of $27.23.

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.