Lake Street Advisors Group LLC Lowers Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Lake Street Advisors Group LLC trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 500,412 shares of the company’s stock after selling 8,446 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $13,326,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Horan Capital Advisors LLC. lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 2.4% during the third quarter. Horan Capital Advisors LLC. now owns 15,973 shares of the company’s stock worth $466,000 after purchasing an additional 375 shares during the period. Valeo Financial Advisors LLC raised its position in Schwab Emerging Markets Equity ETF by 3.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 13,029 shares of the company’s stock worth $347,000 after buying an additional 384 shares during the last quarter. MCF Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.8% in the fourth quarter. MCF Advisors LLC now owns 23,026 shares of the company’s stock valued at $613,000 after acquiring an additional 409 shares in the last quarter. Stone Summit Wealth LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 3.9% in the fourth quarter. Stone Summit Wealth LLC now owns 11,074 shares of the company’s stock valued at $295,000 after acquiring an additional 417 shares in the last quarter. Finally, FSM Wealth Advisors LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 4.0% during the third quarter. FSM Wealth Advisors LLC now owns 10,907 shares of the company’s stock worth $318,000 after acquiring an additional 419 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE opened at $27.77 on Wednesday. Schwab Emerging Markets Equity ETF has a 52 week low of $24.60 and a 52 week high of $30.25. The company has a 50-day moving average price of $27.01 and a 200 day moving average price of $27.66. The company has a market cap of $9.46 billion, a P/E ratio of 14.57 and a beta of 0.64.

Schwab Emerging Markets Equity ETF 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.