SNS Financial Group LLC Sells 16,005 Shares of Schwab Emerging Markets Equity ETF $SCHE

SNS Financial Group LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 16.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,535 shares of the company’s stock after selling 16,005 shares during the quarter. SNS Financial Group LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,754,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. PFS Partners LLC purchased a new position in Schwab Emerging Markets Equity ETF in the third quarter valued at about $25,000. Morton Brown Family Wealth LLC raised its holdings in Schwab Emerging Markets Equity ETF by 122.2% in the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after purchasing an additional 490 shares in the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the third quarter valued at about $35,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter valued at about $32,000. Finally, Kiker Wealth Management LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $36,000.

Schwab Emerging Markets Equity ETF Stock Down 0.8%

Shares of Schwab Emerging Markets Equity ETF stock opened at $33.15 on Monday. The firm’s 50 day moving average price is $34.46 and its 200-day moving average price is $33.55. Schwab Emerging Markets Equity ETF has a 52-week low of $24.11 and a 52-week high of $36.00. The company has a market cap of $11.61 billion, a P/E ratio of 15.58 and a beta of 0.54.

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.