HBK Sorce Advisory LLC Sells 657,300 Shares of Schwab Emerging Markets Equity ETF $SCHE

HBK Sorce Advisory LLC cut its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 44.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 808,459 shares of the company’s stock after selling 657,300 shares during the period. Schwab Emerging Markets Equity ETF accounts for 0.7% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 17th largest holding. HBK Sorce Advisory LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $28,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in SCHE. Lodestone Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $28,000. Financial Consulate Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 222.7% during the 4th quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock worth $28,000 after buying an additional 599 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 2,042.2% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after buying an additional 919 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $40,000. Finally, Frazier Financial Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 4,460.7% during the 4th quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock worth $42,000 after buying an additional 1,249 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Schwab Emerging Markets Equity ETF stock opened at $35.75 on Monday. The stock has a market capitalization of $12.47 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 52-week low of $28.48 and a 52-week high of $37.06. The stock’s 50 day moving average price is $34.57 and its two-hundred day moving average price is $34.13.

About Schwab Emerging Markets Equity ETF

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.