Waverly Advisors LLC Has $36.91 Million Stake in Schwab Emerging Markets Equity ETF $SCHE

Waverly Advisors LLC lowered its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,017,905 shares of the company’s stock after selling 25,078 shares during the period. Waverly Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $36,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MLG Wealth Management DBA Pine Grove Financial Group bought a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter valued at about $207,000. Range Advisory LLC grew its stake in Schwab Emerging Markets Equity ETF by 37.7% in the second quarter. Range Advisory LLC now owns 19,613 shares of the company’s stock valued at $711,000 after purchasing an additional 5,372 shares in the last quarter. Ameritas Advisory Services LLC grew its stake in Schwab Emerging Markets Equity ETF by 42.5% in the second quarter. Ameritas Advisory Services LLC now owns 13,865 shares of the company’s stock valued at $503,000 after purchasing an additional 4,137 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 8.6% during the 2nd quarter. HB Wealth Management LLC now owns 44,676 shares of the company’s stock worth $1,620,000 after purchasing an additional 3,539 shares during the last quarter. Finally, Asset Allocation Strategies LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 1.2% during the 2nd quarter. Asset Allocation Strategies LLC now owns 121,251 shares of the company’s stock worth $4,397,000 after purchasing an additional 1,452 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 0.2%

Shares of NYSEARCA SCHE traded down $0.09 during trading hours on Tuesday, hitting $37.49. The company had a trading volume of 4,020,740 shares, compared to its average volume of 2,804,845. Schwab Emerging Markets Equity ETF has a 1-year low of $31.75 and a 1-year high of $37.64. The firm’s 50 day moving average is $36.41 and its 200-day moving average is $35.53. The stock has a market capitalization of $13.09 billion, a P/E ratio of 15.58 and a beta of 0.59.

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.