MCF Advisors LLC Decreases Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

MCF Advisors LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 5.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 22,617 shares of the company’s stock after selling 1,371 shares during the quarter. MCF Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $660,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SCHE. Strategic Investment Solutions Inc. IL grew its holdings in Schwab Emerging Markets Equity ETF by 112.3% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock valued at $35,000 after purchasing an additional 630 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 359.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock valued at $38,000 after purchasing an additional 1,106 shares during the last quarter. Abich Financial Wealth Management LLC increased its holdings in Schwab Emerging Markets Equity ETF by 4,912.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock worth $39,000 after purchasing an additional 1,523 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter valued at approximately $41,000. Finally, Hollencrest Capital Management boosted its stake in shares of Schwab Emerging Markets Equity ETF by 314.9% during the 2nd quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock valued at $60,000 after buying an additional 1,716 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE traded up $0.02 during midday trading on Friday, reaching $28.69. The company had a trading volume of 1,024,574 shares, compared to its average volume of 1,118,297. The stock has a market capitalization of $9.66 billion, a P/E ratio of 12.56 and a beta of 0.83. The stock’s fifty day moving average price is $28.11 and its 200-day moving average price is $26.98. Schwab Emerging Markets Equity ETF has a one year low of $22.95 and a one year high of $30.25.

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.