Schwab Crypto Thematic ETF (NYSEARCA:STCE) Trading Up 2.5% – Time to Buy?

Schwab Crypto Thematic ETF (NYSEARCA:STCE) shares traded up 2.5% during trading on Thursday . The stock traded as high as $75.25 and last traded at $74.69. 77,418 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 78,145 shares. The stock had previously closed at $72.89.

Schwab Crypto Thematic ETF Stock Up 2.5%

The firm’s 50-day moving average price is $84.47 and its two-hundred day moving average price is $65.04. The firm has a market capitalization of $298.76 million, a PE ratio of 25.00 and a beta of 2.60.

Institutional Trading of Schwab Crypto Thematic ETF

Several large investors have recently added to or reduced their stakes in STCE. Financial Engines Advisors L.L.C. grew its holdings in shares of Schwab Crypto Thematic ETF by 18.6% during the first quarter. Financial Engines Advisors L.L.C. now owns 84,490 shares of the company’s stock valued at $2,764,000 after buying an additional 13,235 shares in the last quarter. Wealth Management Nebraska purchased a new stake in Schwab Crypto Thematic ETF in the 2nd quarter worth about $341,000. Farther Finance Advisors LLC lifted its stake in Schwab Crypto Thematic ETF by 45,450.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,822 shares of the company’s stock worth $91,000 after acquiring an additional 1,818 shares in the last quarter. AdvisorNet Financial Inc boosted its position in Schwab Crypto Thematic ETF by 197.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,004 shares of the company’s stock worth $100,000 after acquiring an additional 1,330 shares during the period. Finally, Signature Estate & Investment Advisors LLC purchased a new position in Schwab Crypto Thematic ETF during the 2nd quarter valued at about $235,000.

About Schwab Crypto Thematic ETF

The Schwab Crypto Thematic ETF (STCE) is an exchange-traded fund that is based on the The Schwab Crypto Thematic index. The fund tracks an index of globally listed companies that enable the cryptocurrency ecosystem. The fund selects and weights companies based on thematic relevance through a proprietary NLP algorithm.