Mission Wealth Management LP Sells 4,316 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Mission Wealth Management LP cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 7.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,298 shares of the company’s stock after selling 4,316 shares during the period. Mission Wealth Management LP’s holdings in Schwab Emerging Markets Equity ETF were worth $1,295,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Johnson Financial Group Inc. boosted its holdings in Schwab Emerging Markets Equity ETF by 255.6% in the fourth quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock valued at $26,000 after acquiring an additional 754 shares during the last quarter. Gradient Investments LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 112.1% during the 1st quarter. Gradient Investments LLC now owns 1,266 shares of the company’s stock worth $32,000 after buying an additional 669 shares in the last quarter. Sage Mountain Advisors LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the 1st quarter worth approximately $38,000. BKM Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $46,000. Finally, Sound Income Strategies LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $46,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of Schwab Emerging Markets Equity ETF stock traded up $0.01 on Friday, reaching $27.09. 1,188,702 shares of the company’s stock were exchanged, compared to its average volume of 1,105,118. The company has a market capitalization of $9.12 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $27.23. The firm’s 50-day moving average is $26.51 and its two-hundred day moving average is $25.33.

Schwab Emerging Markets Equity ETF 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.