Royal Bank of Canada Sells 65,486 Shares of Schwab Emerging Markets Equity ETF $SCHE

Royal Bank of Canada lowered its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 17.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,735 shares of the company’s stock after selling 65,486 shares during the quarter. Royal Bank of Canada owned approximately 0.09% of Schwab Emerging Markets Equity ETF worth $9,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Oak Harbor Wealth Partners LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 2,042.2% in the 4th quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after acquiring an additional 919 shares during the last quarter. Frazier Financial Advisors LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 4,460.7% during the 4th quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock valued at $42,000 after purchasing an additional 1,249 shares during the last quarter. Headlands Technologies LLC purchased a new position in Schwab Emerging Markets Equity ETF in the 2nd quarter worth $43,000. Activest Wealth Management purchased a new position in Schwab Emerging Markets Equity ETF in the 4th quarter worth $54,000. Finally, NBT Bank N A NY lifted its stake in Schwab Emerging Markets Equity ETF by 365.1% in the fourth quarter. NBT Bank N A NY now owns 1,735 shares of the company’s stock worth $57,000 after purchasing an additional 1,362 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE opened at $36.99 on Monday. The company has a 50-day simple moving average of $36.08 and a two-hundred day simple moving average of $35.21. Schwab Emerging Markets Equity ETF has a 12-month low of $30.92 and a 12-month high of $37.40. The firm has a market cap of $12.91 billion, a price-to-earnings ratio of 15.58 and a beta of 0.59.

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.