Arbor Trust Wealth Advisors LLC Reduces Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Arbor Trust Wealth Advisors LLC lessened its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 47.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,730 shares of the company’s stock after selling 40,649 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,109,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RVW Wealth LLC bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $25,000. EverSource Wealth Advisors LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 522.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock valued at $26,000 after buying an additional 904 shares in the last quarter. Citigroup Inc. lifted its holdings in Schwab Emerging Markets Equity ETF by 85.9% during the 4th quarter. Citigroup Inc. now owns 1,242 shares of the company’s stock valued at $29,000 after buying an additional 574 shares in the last quarter. SRS Capital Advisors Inc. lifted its holdings in Schwab Emerging Markets Equity ETF by 135.7% during the 2nd quarter. SRS Capital Advisors Inc. now owns 1,188 shares of the company’s stock valued at $29,000 after buying an additional 684 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Schwab Emerging Markets Equity ETF during the 1st quarter valued at about $32,000.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE traded down $0.32 during trading on Tuesday, reaching $24.68. 987,982 shares of the company’s stock traded hands, compared to its average volume of 1,290,479. The firm has a market cap of $8.31 billion, a price-to-earnings ratio of 11.72 and a beta of 0.80. The company’s 50 day simple moving average is $25.03 and its two-hundred day simple moving average is $24.40. Schwab Emerging Markets Equity ETF has a 12-month low of $22.88 and a 12-month high of $26.15.

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.