Schwab Emerging Markets Equity ETF $SCHE Shares Sold by MBE Wealth Management LLC

MBE Wealth Management LLC lowered its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 17.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 79,655 shares of the company’s stock after selling 16,815 shares during the period. Schwab Emerging Markets Equity ETF comprises 1.1% of MBE Wealth Management LLC’s portfolio, making the stock its 19th largest holding. MBE Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,658,000 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. PFS Partners LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter valued at approximately $25,000. Morton Brown Family Wealth LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares during the period. Manning & Napier Advisors LLC purchased a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at approximately $35,000. Pin Oak Investment Advisors Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the second quarter worth $32,000. Finally, Kiker Wealth Management LLC acquired a new position in Schwab Emerging Markets Equity ETF during the third quarter worth $36,000.

Schwab Emerging Markets Equity ETF Stock Performance

Schwab Emerging Markets Equity ETF stock opened at $34.21 on Thursday. Schwab Emerging Markets Equity ETF has a fifty-two week low of $24.11 and a fifty-two week high of $34.54. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The stock’s fifty day moving average is $33.24 and its two-hundred day moving average is $32.49.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.