Richardson Capital Management LLC Reduces Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Richardson Capital Management LLC lessened its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 19.8% during the 4th quarter, Holdings Channel reports. The firm owned 9,619 shares of the company’s stock after selling 2,379 shares during the quarter. Schwab Emerging Markets Equity ETF comprises 0.2% of Richardson Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Richardson Capital Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. HighTower Advisors LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 7.5% during the third quarter. HighTower Advisors LLC now owns 7,807,789 shares of the company’s stock valued at $227,785,000 after acquiring an additional 544,339 shares during the last quarter. US Bancorp DE boosted its stake in shares of Schwab Emerging Markets Equity ETF by 12,168.2% during the 3rd quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock worth $111,255,000 after purchasing an additional 3,781,621 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 2.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock worth $69,319,000 after buying an additional 60,980 shares in the last quarter. Orgel Wealth Management LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 4.9% in the fourth quarter. Orgel Wealth Management LLC now owns 1,789,869 shares of the company’s stock valued at $47,664,000 after buying an additional 83,348 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 6.7% during the third quarter. FMR LLC now owns 1,552,161 shares of the company’s stock valued at $45,292,000 after buying an additional 97,458 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE opened at $28.19 on Friday. The firm has a market cap of $9.60 billion, a P/E ratio of 14.57 and a beta of 0.64. Schwab Emerging Markets Equity ETF has a 1 year low of $24.60 and a 1 year high of $30.25. The firm’s 50 day moving average price is $26.99 and its 200 day moving average price is $27.62.

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.