Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC cut its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHEFree Report) by 2.1% in the fourth quarter, HoldingsChannel reports. The firm owned 79,103 shares of the company’s stock after selling 1,678 shares during the period. Tortoise Investment Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Rebalance LLC lifted its position in Schwab Emerging Markets Equity ETF by 2.8% during the fourth quarter. Rebalance LLC now owns 2,113,897 shares of the company’s stock valued at $56,293,000 after purchasing an additional 58,482 shares during the period. Bell Investment Advisors Inc raised its position in shares of Schwab Emerging Markets Equity ETF by 1.3% in the fourth quarter. Bell Investment Advisors Inc now owns 49,723 shares of the company’s stock worth $1,324,000 after acquiring an additional 621 shares during the period. Frontier Asset Management LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 4.9% during the 4th quarter. Frontier Asset Management LLC now owns 30,980 shares of the company’s stock worth $825,000 after purchasing an additional 1,452 shares during the last quarter. Rialto Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth about $1,356,000. Finally, Larson Financial Group LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 81.5% during the 4th quarter. Larson Financial Group LLC now owns 9,039 shares of the company’s stock worth $241,000 after purchasing an additional 4,058 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 0.3 %

SCHE opened at $27.97 on Monday. Schwab Emerging Markets Equity ETF has a twelve month low of $24.60 and a twelve month high of $30.25. The company has a 50-day moving average price of $27.12 and a 200 day moving average price of $27.69. The company has a market cap of $9.53 billion, a PE ratio of 14.57 and a beta of 0.64.

Schwab Emerging Markets Equity ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHEFree Report).

Institutional Ownership by Quarter for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

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