Fortis Capital Advisors LLC Sells 5,966 Shares of Schwab Emerging Markets Equity ETF $SCHE

Fortis Capital Advisors LLC trimmed its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 20.6% during the 2nd quarter, Holdings Channel reports. The firm owned 22,937 shares of the company’s stock after selling 5,966 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $691,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SCHE. US Bancorp DE increased its position in shares of Schwab Emerging Markets Equity ETF by 311.1% in the first quarter. US Bancorp DE now owns 3,653,803 shares of the company’s stock worth $100,735,000 after purchasing an additional 2,765,078 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 17.8% in the first quarter. HighTower Advisors LLC now owns 9,855,049 shares of the company’s stock worth $271,704,000 after purchasing an additional 1,487,984 shares during the last quarter. Wealthspire Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 101.4% in the first quarter. Wealthspire Advisors LLC now owns 1,891,296 shares of the company’s stock worth $52,143,000 after purchasing an additional 952,161 shares during the last quarter. Fund Evaluation Group LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 86.3% in the first quarter. Fund Evaluation Group LLC now owns 931,410 shares of the company’s stock worth $25,679,000 after purchasing an additional 431,461 shares during the last quarter. Finally, HBK Sorce Advisory LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 57.5% in the first quarter. HBK Sorce Advisory LLC now owns 1,134,892 shares of the company’s stock worth $31,289,000 after purchasing an additional 414,342 shares during the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.2%

SCHE stock opened at $33.75 on Friday. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 15.58 and a beta of 0.68. The company’s 50 day moving average is $31.97 and its 200 day moving average is $29.81. Schwab Emerging Markets Equity ETF has a 1-year low of $24.11 and a 1-year high of $33.84.

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.