Schwab Crypto Thematic ETF (NYSEARCA:STCE) Trading Down 4% – What’s Next?

Schwab Crypto Thematic ETF (NYSEARCA:STCEGet Free Report) traded down 4% during mid-day trading on Wednesday . The company traded as low as $76.78 and last traded at $78.27. 155,943 shares were traded during mid-day trading, an increase of 109% from the average session volume of 74,602 shares. The stock had previously closed at $81.54.

Schwab Crypto Thematic ETF Price Performance

The stock’s fifty day simple moving average is $84.83 and its 200-day simple moving average is $61.88. The firm has a market cap of $313.08 million, a PE ratio of 25.00 and a beta of 2.60.

Institutional Trading of Schwab Crypto Thematic ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STCE. Coston McIsaac & Partners purchased a new stake in Schwab Crypto Thematic ETF during the 3rd quarter valued at about $41,000. AdvisorNet Financial Inc lifted its holdings in shares of Schwab Crypto Thematic ETF by 32.6% during the third quarter. AdvisorNet Financial Inc now owns 2,658 shares of the company’s stock worth $209,000 after purchasing an additional 654 shares during the period. Wealth Management Nebraska boosted its position in Schwab Crypto Thematic ETF by 9.4% in the third quarter. Wealth Management Nebraska now owns 7,775 shares of the company’s stock valued at $611,000 after buying an additional 671 shares during the last quarter. CWM LLC increased its holdings in Schwab Crypto Thematic ETF by 52,800.0% in the 3rd quarter. CWM LLC now owns 1,587 shares of the company’s stock worth $125,000 after buying an additional 1,584 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Schwab Crypto Thematic ETF by 45,450.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,822 shares of the company’s stock worth $91,000 after buying an additional 1,818 shares during the period.

About Schwab Crypto Thematic ETF

(Get Free Report)

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.

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