Ballast Advisors LLC Lowers Position in Schwab Emerging Markets Equity ETF $SCHE

Ballast Advisors LLC lowered its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 0.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 272,280 shares of the company’s stock after selling 2,495 shares during the period. Schwab Emerging Markets Equity ETF comprises 2.4% of Ballast Advisors LLC’s portfolio, making the stock its 11th largest holding. Ballast Advisors LLC owned 0.08% of Schwab Emerging Markets Equity ETF worth $8,207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SCHE. Schneider Downs Wealth Management Advisors LP lifted its position in shares of Schwab Emerging Markets Equity ETF by 21.0% during the 2nd quarter. Schneider Downs Wealth Management Advisors LP now owns 79,060 shares of the company’s stock valued at $2,383,000 after acquiring an additional 13,724 shares during the period. Cabot Wealth Management Inc. increased its stake in Schwab Emerging Markets Equity ETF by 33.2% in the 2nd quarter. Cabot Wealth Management Inc. now owns 339,787 shares of the company’s stock valued at $10,241,000 after purchasing an additional 84,636 shares in the last quarter. Guardian Financial Partners LLC raised its holdings in Schwab Emerging Markets Equity ETF by 2.4% during the second quarter. Guardian Financial Partners LLC now owns 201,254 shares of the company’s stock worth $6,066,000 after purchasing an additional 4,707 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in Schwab Emerging Markets Equity ETF by 7.3% during the second quarter. Focus Partners Advisor Solutions LLC now owns 30,144 shares of the company’s stock worth $909,000 after purchasing an additional 2,054 shares during the last quarter. Finally, CAP Partners LLC boosted its position in Schwab Emerging Markets Equity ETF by 64.6% during the second quarter. CAP Partners LLC now owns 52,472 shares of the company’s stock worth $1,582,000 after purchasing an additional 20,594 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Schwab Emerging Markets Equity ETF stock opened at $33.99 on Friday. The stock has a market capitalization of $11.59 billion, a P/E ratio of 15.58 and a beta of 0.68. Schwab Emerging Markets Equity ETF has a 12-month low of $24.11 and a 12-month high of $34.06. The firm’s 50-day moving average is $32.75 and its two-hundred day moving average is $30.50.

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.