Klingenstein Fields & Co. LP Cuts Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Klingenstein Fields & Co. LP trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 3.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,044,192 shares of the company’s stock after selling 34,487 shares during the quarter. Klingenstein Fields & Co. LP owned approximately 0.31% of Schwab Emerging Markets Equity ETF worth $27,734,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlueSky Wealth Advisors LLC grew its position in Schwab Emerging Markets Equity ETF by 2.7% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 993,881 shares of the company’s stock worth $24,638,000 after acquiring an additional 26,269 shares in the last quarter. Main Street Financial Solutions LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 2.8% during the 4th quarter. Main Street Financial Solutions LLC now owns 198,012 shares of the company’s stock valued at $4,909,000 after purchasing an additional 5,483 shares during the last quarter. Corient Private Wealth LLC raised its holdings in Schwab Emerging Markets Equity ETF by 2.5% during the 4th quarter. Corient Private Wealth LLC now owns 891,789 shares of the company’s stock valued at $22,107,000 after buying an additional 21,862 shares during the period. Econ Financial Services Corp lifted its position in Schwab Emerging Markets Equity ETF by 1.2% in the fourth quarter. Econ Financial Services Corp now owns 33,862 shares of the company’s stock worth $839,000 after buying an additional 416 shares during the last quarter. Finally, Marshall Financial Group Inc. ADV lifted its position in Schwab Emerging Markets Equity ETF by 14.5% in the fourth quarter. Marshall Financial Group Inc. ADV now owns 78,956 shares of the company’s stock worth $1,957,000 after buying an additional 9,972 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE traded up $0.07 during midday trading on Monday, hitting $27.20. The stock had a trading volume of 880,900 shares, compared to its average volume of 1,102,646. The stock’s 50 day moving average is $26.83 and its 200 day moving average is $26.09. The firm has a market cap of $9.16 billion, a PE ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1 year low of $22.88 and a 1 year high of $27.78.

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.