Abbrea Capital LLC Lowers Stock Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Abbrea Capital LLC cut its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 8.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 78,680 shares of the company’s stock after selling 7,525 shares during the quarter. Abbrea Capital LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,950,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 2.0% during 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 holdings in shares of Schwab Emerging Markets Equity ETF by 9.9% during 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 holdings in shares of Schwab Emerging Markets Equity ETF by 2,551.5% during 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. HighTower Advisors LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 6.7% during 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. Finally, SageView Advisory Group LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 6.5% during the 3rd quarter. SageView Advisory Group LLC now owns 2,565,366 shares of the company’s stock valued at $61,415,000 after acquiring an additional 157,346 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:SCHE traded up $0.29 during midday trading on Friday, hitting $25.57. 747,157 shares of the company’s stock traded hands, compared to its average volume of 1,251,479. The company has a market cap of $8.61 billion, a PE ratio of 11.72 and a beta of 0.80. The firm’s fifty day moving average price is $25.11 and its two-hundred day moving average price is $24.46. Schwab Emerging Markets Equity ETF has a twelve month low of $22.88 and a twelve month high of $26.15.

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.