BCS Wealth Management Cuts Stock Holdings in Schwab Emerging Markets Equity ETF $SCHE

BCS Wealth Management lessened its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 51.9% during the first quarter, Holdings Channel reports. The firm owned 37,178 shares of the company’s stock after selling 40,134 shares during the period. BCS Wealth Management’s holdings in Schwab Emerging Markets Equity ETF were worth $1,225,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Signature Estate & Investment Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 1.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 17,211 shares of the company’s stock worth $564,000 after buying an additional 290 shares during the last quarter. Sigma Investment Counselors Inc. lifted its position in Schwab Emerging Markets Equity ETF by 3.1% during the 4th quarter. Sigma Investment Counselors Inc. now owns 10,668 shares of the company’s stock worth $349,000 after acquiring an additional 324 shares in the last quarter. Brandywine Oak Private Wealth LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 0.3% in the fourth quarter. Brandywine Oak Private Wealth LLC now owns 110,895 shares of the company’s stock valued at $3,632,000 after purchasing an additional 338 shares during the period. Private Capital Management LLC grew its holdings in Schwab Emerging Markets Equity ETF by 3.9% during the 4th quarter. Private Capital Management LLC now owns 9,045 shares of the company’s stock valued at $296,000 after purchasing an additional 338 shares in the last quarter. Finally, Mutual Advisors LLC grew its holdings in Schwab Emerging Markets Equity ETF by 0.4% during the 4th quarter. Mutual Advisors LLC now owns 82,130 shares of the company’s stock valued at $2,690,000 after purchasing an additional 347 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE stock opened at $36.10 on Wednesday. The company’s fifty day moving average price is $36.01 and its two-hundred day moving average price is $34.56. The firm has a market capitalization of $12.60 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 12 month low of $29.62 and a 12 month high of $37.40.

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.