JMG Financial Group Ltd. Sells 39,558 Shares of Schwab Emerging Markets Equity ETF $SCHE

JMG Financial Group Ltd. reduced its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 3.7% during the 3rd quarter, Holdings Channel reports. The fund owned 1,018,714 shares of the company’s stock after selling 39,558 shares during the quarter. Schwab Emerging Markets Equity ETF makes up approximately 1.0% of JMG Financial Group Ltd.’s portfolio, making the stock its 17th biggest position. JMG Financial Group Ltd.’s holdings in Schwab Emerging Markets Equity ETF were worth $33,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHE. Brighton Jones LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 32.7% during the fourth quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock worth $1,209,000 after purchasing an additional 11,195 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 18.4% in the first quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock valued at $388,000 after buying an additional 2,190 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter worth about $1,033,000. Assetmark Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 105.4% during the 2nd quarter. Assetmark Inc. now owns 2,925 shares of the company’s stock worth $88,000 after acquiring an additional 1,501 shares during the last quarter. Finally, TIAA Trust National Association bought a new stake in Schwab Emerging Markets Equity ETF during the 2nd quarter worth about $218,000.

Schwab Emerging Markets Equity ETF Trading Down 3.5%

SCHE opened at $33.61 on Wednesday. Schwab Emerging Markets Equity ETF has a 1-year low of $24.11 and a 1-year high of $36.00. The stock has a market capitalization of $11.77 billion, a PE ratio of 15.58 and a beta of 0.54. The firm has a 50-day moving average price of $34.42 and a two-hundred day moving average price of $33.51.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.