Steele Capital Management Inc. Sells 39,284 Shares of Schwab Emerging Markets Equity ETF $SCHE

Steele Capital Management Inc. decreased its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 11.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 297,239 shares of the company’s stock after selling 39,284 shares during the quarter. Steele Capital Management Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $9,919,000 at the end of the most recent quarter.

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

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE opened at $33.78 on Friday. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $34.54. The stock has a market capitalization of $11.83 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The stock has a fifty day moving average of $33.21 and a 200-day moving average of $32.39.

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. 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.