Atria Investments Inc Trims Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Atria Investments Inc trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 24.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 186,862 shares of the company’s stock after selling 60,860 shares during the period. Atria Investments Inc’s holdings in Schwab Emerging Markets Equity ETF were worth $6,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. purchased a new position in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $74,621,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab Emerging Markets Equity ETF by 86.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock worth $111,321,000 after buying an additional 1,715,694 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after buying an additional 1,679,145 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in Schwab Emerging Markets Equity ETF in the third quarter worth $15,165,000. Finally, Procyon Advisors LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 2,773.5% during the 3rd quarter. Procyon Advisors LLC now owns 448,762 shares of the company’s stock worth $14,975,000 after purchasing an additional 433,145 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA SCHE opened at $35.20 on Friday. The company has a 50-day moving average price of $33.78 and a two-hundred day moving average price of $33.11. The stock has a market cap of $12.32 billion, a price-to-earnings 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 $35.78.

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.