Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Sold by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC cut its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 16.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 49,144 shares of the company’s stock after selling 9,511 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHE. Decker Retirement Planning Inc. purchased a new position in Schwab Emerging Markets Equity ETF during the fourth quarter valued at $29,000. Strategic Investment Solutions Inc. IL increased its stake in Schwab Emerging Markets Equity ETF by 112.3% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock worth $35,000 after buying an additional 630 shares in the last quarter. Joseph Group Capital Management acquired a new position in shares of Schwab Emerging Markets Equity ETF during the third quarter valued at approximately $36,000. First Personal Financial Services purchased a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $48,000. Finally, Bristlecone Advisors LLC purchased a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $88,000.

Schwab Emerging Markets Equity ETF Price Performance

SCHE opened at $26.92 on Friday. The company’s 50 day simple moving average is $27.19 and its two-hundred day simple moving average is $27.53. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1-year low of $23.73 and a 1-year high of $30.25.

Schwab Emerging Markets Equity ETF 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.