Schwab Emerging Markets Equity ETF $SCHE Shares Sold by SigFig Wealth Management LLC

SigFig Wealth Management LLC cut its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 10.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 338,807 shares of the company’s stock after selling 40,639 shares during the quarter. SigFig Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $11,172,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PFS Partners LLC acquired a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter worth $25,000. Morton Brown Family Wealth LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 122.2% during the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter worth about $32,000. Tradewinds Capital Management LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 74.8% in the third quarter. Tradewinds Capital Management LLC now owns 1,098 shares of the company’s stock valued at $37,000 after purchasing an additional 470 shares during the last quarter. Finally, Hoey Investments Inc. acquired a new stake in Schwab Emerging Markets Equity ETF during the 2nd quarter valued at approximately $33,000.

Schwab Emerging Markets Equity ETF Stock Up 2.3%

SCHE stock opened at $33.51 on Friday. The stock’s 50 day moving average is $33.25 and its two-hundred day moving average is $32.23. Schwab Emerging Markets Equity ETF has a 52-week low of $24.11 and a 52-week high of $34.54. The company has a market capitalization of $11.43 billion, a PE ratio of 15.58 and a beta of 0.54.

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. 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.