Waterfront Wealth Inc. Sells 4,367 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Waterfront Wealth Inc. reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 30.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,792 shares of the company’s stock after selling 4,367 shares during the quarter. Waterfront Wealth Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $243,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 118,261.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 991,333,629 shares of the company’s stock valued at $23,464,867,000 after acquiring an additional 990,496,084 shares in the last quarter. Charles Schwab Investment Advisory Inc. lifted its position in Schwab Emerging Markets Equity ETF by 2.0% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after acquiring an additional 1,616,463 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Schwab Emerging Markets Equity ETF by 9.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after acquiring an additional 1,017,299 shares in the last quarter. Cerity Partners LLC lifted its position in Schwab Emerging Markets Equity ETF by 2,551.5% in the 4th quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after acquiring an additional 9,372,497 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock valued at $118,251,000 after acquiring an additional 309,641 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.4 %

SCHE stock traded up $0.11 during midday trading on Thursday, hitting $24.81. The company’s stock had a trading volume of 123,003 shares, compared to its average volume of 1,270,017. The company has a market cap of $8.35 billion, a PE ratio of 11.72 and a beta of 0.80. Schwab Emerging Markets Equity ETF has a 12 month low of $22.88 and a 12 month high of $26.15. The firm’s 50-day moving average is $25.04 and its 200-day moving average is $24.41.

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.