Diversified Portfolios Inc. Sells 6,899 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Diversified Portfolios Inc. decreased its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 33.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,706 shares of the company’s stock after selling 6,899 shares during the quarter. Diversified Portfolios Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $340,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHE. Moneta Group Investment Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 118,261.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 991,333,629 shares of the company’s stock valued at $23,464,867,000 after purchasing an additional 990,496,084 shares during the last quarter. Charles Schwab Investment Advisory Inc. increased its stake in shares of Schwab Emerging Markets Equity ETF by 2.0% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after buying an additional 1,616,463 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Schwab Emerging Markets Equity ETF by 9.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after buying an additional 1,017,299 shares during the period. Cerity Partners LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 2,551.5% during the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after buying an additional 9,372,497 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 6.7% during the third quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock valued at $118,251,000 after buying an additional 309,641 shares during the period.

Schwab Emerging Markets Equity ETF Stock Down 1.3 %

Shares of NYSEARCA SCHE traded down $0.32 during trading on Tuesday, reaching $24.68. The company had a trading volume of 987,982 shares, compared to its average volume of 1,290,479. Schwab Emerging Markets Equity ETF has a 12-month low of $22.88 and a 12-month high of $26.15. The stock has a market cap of $8.31 billion, a PE ratio of 11.72 and a beta of 0.80. The business’s 50-day moving average is $25.03 and its 200 day moving average is $24.40.

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.