Power Wealth Management LLC Takes Position in Schwab International Equity ETF (NYSEARCA:SCHF)

Power Wealth Management LLC acquired a new position in shares of Schwab International Equity ETF (NYSEARCA:SCHF) in the fourth quarter, HoldingsChannel reports. The fund acquired 62,873 shares of the company’s stock, valued at approximately $2,324,000. Schwab International Equity ETF accounts for 1.6% of Power Wealth Management LLC’s holdings, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Quent Capital LLC boosted its holdings in Schwab International Equity ETF by 216.6% during the fourth quarter. Quent Capital LLC now owns 763 shares of the company’s stock worth $28,000 after buying an additional 522 shares during the last quarter. Financial Perspectives Inc bought a new position in Schwab International Equity ETF during the 4th quarter worth approximately $28,000. First Horizon Advisors Inc. grew its holdings in Schwab International Equity ETF by 1,738.8% during the fourth quarter. First Horizon Advisors Inc. now owns 901 shares of the company’s stock valued at $33,000 after purchasing an additional 852 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in Schwab International Equity ETF in the third quarter valued at approximately $39,000. Finally, Tucker Asset Management LLC acquired a new stake in Schwab International Equity ETF in the third quarter worth $44,000.

Schwab International Equity ETF Price Performance

Shares of NYSEARCA SCHF traded up $0.35 during midday trading on Friday, reaching $38.52. 4,441,468 shares of the stock were exchanged, compared to its average volume of 3,895,382. The business has a 50-day simple moving average of $38.28 and a two-hundred day simple moving average of $36.59. The company has a market capitalization of $36.92 billion, a price-to-earnings ratio of 14.38 and a beta of 0.85. Schwab International Equity ETF has a 12 month low of $32.29 and a 12 month high of $39.13.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.