Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Stake Lowered by West Paces Advisors Inc.

West Paces Advisors Inc. trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 17.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 87,263 shares of the company’s stock after selling 18,046 shares during the quarter. Schwab Emerging Markets Equity ETF comprises about 0.6% of West Paces Advisors Inc.’s portfolio, making the stock its 25th biggest holding. West Paces Advisors Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $2,203,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Thompson Investment Management Inc. lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 3.8% in the first quarter. Thompson Investment Management Inc. now owns 54,624 shares of the company’s stock valued at $1,379,000 after purchasing an additional 1,985 shares in the last quarter. Von Berge Wealth Management Group LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 35.3% in the first quarter. Von Berge Wealth Management Group LLC now owns 73,917 shares of the company’s stock valued at $1,866,000 after buying an additional 19,301 shares during the period. Retirement Planning Group LLC lifted its stake in Schwab Emerging Markets Equity ETF by 7.6% during the first quarter. Retirement Planning Group LLC now owns 24,985 shares of the company’s stock worth $631,000 after purchasing an additional 1,759 shares during the period. Charles Schwab Trust Co lifted its stake in Schwab Emerging Markets Equity ETF by 20.3% during the first quarter. Charles Schwab Trust Co now owns 443,597 shares of the company’s stock worth $11,201,000 after purchasing an additional 75,003 shares during the period. Finally, Capital Planning LLC lifted its stake in Schwab Emerging Markets Equity ETF by 19.5% during the first quarter. Capital Planning LLC now owns 16,803 shares of the company’s stock worth $424,000 after purchasing an additional 2,745 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE traded down $0.11 during mid-day trading on Wednesday, hitting $26.50. 750,941 shares of the stock were exchanged, compared to its average volume of 1,111,581. The company has a market cap of $8.92 billion, a P/E ratio of 12.56 and a beta of 0.83. The stock’s fifty day simple moving average is $26.23 and its two-hundred day simple moving average is $25.20. Schwab Emerging Markets Equity ETF has a twelve month low of $22.88 and a twelve month high of $27.23.

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.