Belpointe Asset Management LLC Decreases Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Belpointe Asset Management LLC reduced its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 20.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,937 shares of the company’s stock after selling 5,966 shares during the period. Belpointe Asset Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $691,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SCHE. Great Waters Wealth Management lifted its stake in Schwab Emerging Markets Equity ETF by 3.7% in the 2nd quarter. Great Waters Wealth Management now owns 9,425 shares of the company’s stock worth $284,000 after purchasing an additional 332 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of Schwab Emerging Markets Equity ETF by 2.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 13,001 shares of the company’s stock valued at $392,000 after buying an additional 345 shares in the last quarter. Peterson Wealth Advisors LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 3.7% during the 2nd quarter. Peterson Wealth Advisors LLC now owns 9,795 shares of the company’s stock valued at $295,000 after buying an additional 351 shares in the last quarter. Koshinski Asset Management Inc. raised its position in shares of Schwab Emerging Markets Equity ETF by 1.2% during the 1st quarter. Koshinski Asset Management Inc. now owns 30,736 shares of the company’s stock valued at $847,000 after buying an additional 366 shares in the last quarter. Finally, Sigma Planning Corp raised its position in shares of Schwab Emerging Markets Equity ETF by 1.9% during the 1st quarter. Sigma Planning Corp now owns 25,827 shares of the company’s stock valued at $712,000 after buying an additional 472 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.6%

Shares of NYSEARCA SCHE opened at $33.89 on Thursday. The firm’s 50-day moving average price is $32.15 and its 200-day moving average price is $29.92. The stock has a market capitalization of $11.56 billion, a price-to-earnings 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 $34.00.

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.