Cwm LLC Cuts Stake in Schwab Emerging Markets Equity ETF $SCHE

Cwm LLC lowered its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 58.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 38,583 shares of the company’s stock after selling 55,106 shares during the period. Cwm LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,288,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab Emerging Markets Equity ETF by 86.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock valued at $111,321,000 after purchasing an additional 1,715,694 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 176.4% in the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after buying an additional 1,679,145 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Schwab Emerging Markets Equity ETF by 51.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,257,688 shares of the company’s stock valued at $37,907,000 after buying an additional 425,331 shares during the last quarter. AlphaCore Capital LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 71,480.2% during the 2nd quarter. AlphaCore Capital LLC now owns 329,269 shares of the company’s stock worth $9,924,000 after acquiring an additional 328,809 shares during the period. Finally, IHT Wealth Management LLC increased its holdings in Schwab Emerging Markets Equity ETF by 1,505.0% in the 2nd quarter. IHT Wealth Management LLC now owns 324,196 shares of the company’s stock worth $9,771,000 after acquiring an additional 303,997 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of Schwab Emerging Markets Equity ETF stock opened at $33.76 on Tuesday. The stock has a market capitalization of $11.82 billion, a P/E ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a 52-week low of $24.11 and a 52-week high of $34.54. The stock’s 50-day simple moving average is $33.24 and its 200 day simple moving average is $32.30.

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. 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.