Brightwater Advisory LLC Sells 8,698 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Brightwater Advisory LLC reduced its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 162,458 shares of the company’s stock after selling 8,698 shares during the quarter. Schwab Emerging Markets Equity ETF comprises 3.4% of Brightwater Advisory LLC’s holdings, making the stock its 13th largest position. Brightwater Advisory LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $4,326,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. JFG Wealth Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 397.8% in the fourth quarter. JFG Wealth Management LLC now owns 45,500 shares of the company’s stock valued at $1,212,000 after purchasing an additional 36,359 shares during the last quarter. Johnson Financial Group LLC grew its holdings in Schwab Emerging Markets Equity ETF by 720.3% in the 4th quarter. Johnson Financial Group LLC now owns 206,794 shares of the company’s stock valued at $5,507,000 after buying an additional 181,583 shares in the last quarter. FFT Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 45.8% during the 4th quarter. FFT Wealth Management LLC now owns 27,898 shares of the company’s stock worth $743,000 after buying an additional 8,768 shares during the period. MorganRosel Wealth Management LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 0.5% during the fourth quarter. MorganRosel Wealth Management LLC now owns 321,393 shares of the company’s stock worth $8,559,000 after buying an additional 1,734 shares in the last quarter. Finally, TruNorth Capital Management LLC increased its position in Schwab Emerging Markets Equity ETF by 14.1% during the fourth quarter. TruNorth Capital Management LLC now owns 328,697 shares of the company’s stock worth $8,753,000 after acquiring an additional 40,708 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE opened at $27.77 on Wednesday. The business’s 50 day simple moving average is $27.01 and its 200 day simple moving average is $27.66. Schwab Emerging Markets Equity ETF has a 1 year low of $24.60 and a 1 year high of $30.25. The company has a market capitalization 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.