Breakthru Advisory Services LLC Trims Stake in Schwab Crypto Thematic ETF $STCE

Breakthru Advisory Services LLC reduced its stake in Schwab Crypto Thematic ETF (NYSEARCA:STCE) by 87.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,185 shares of the company’s stock after selling 49,452 shares during the period. Breakthru Advisory Services LLC owned 0.18% of Schwab Crypto Thematic ETF worth $373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of STCE. MML Investors Services LLC purchased a new stake in Schwab Crypto Thematic ETF in the fourth quarter worth about $3,390,000. Jane Street Group LLC grew its holdings in shares of Schwab Crypto Thematic ETF by 42.9% during the 2nd quarter. Jane Street Group LLC now owns 41,389 shares of the company’s stock worth $2,072,000 after acquiring an additional 12,424 shares during the period. Quattro Advisors LLC bought a new position in shares of Schwab Crypto Thematic ETF in the 4th quarter worth approximately $2,093,000. Advyzon Investment Management LLC bought a new position in shares of Schwab Crypto Thematic ETF in the 4th quarter worth approximately $475,000. Finally, Mattern Wealth Management LLC lifted its stake in shares of Schwab Crypto Thematic ETF by 30.4% in the 4th quarter. Mattern Wealth Management LLC now owns 6,123 shares of the company’s stock valued at $367,000 after purchasing an additional 1,427 shares during the period.

Schwab Crypto Thematic ETF Price Performance

STCE opened at $78.95 on Friday. Schwab Crypto Thematic ETF has a 52 week low of $41.56 and a 52 week high of $109.64. The stock has a market cap of $331.59 million, a PE ratio of 25.00 and a beta of 2.69. The business has a 50 day moving average of $71.98 and a 200-day moving average of $65.60.

Schwab Crypto Thematic ETF Company Profile

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. STCE was launched on Aug 4, 2022 and is managed by Charles Schwab.