Sightline Wealth Advisors LLC Reduces Stock Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Sightline Wealth Advisors LLC cut its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 137,807 shares of the company’s stock after selling 3,787 shares during the quarter. Schwab Emerging Markets Equity ETF makes up about 2.0% of Sightline Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. Sightline Wealth Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $3,670,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Schwab Emerging Markets Equity ETF by 323.5% in the third quarter. Blue Trust Inc. now owns 3,113 shares of the company’s stock valued at $83,000 after purchasing an additional 2,378 shares during the last quarter. JPMorgan Chase & Co. increased its position in Schwab Emerging Markets Equity ETF by 321.7% during the third quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock worth $15,374,000 after buying an additional 401,943 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its position in Schwab Emerging Markets Equity ETF by 6.4% during the third quarter. McKinley Carter Wealth Services Inc. now owns 12,855 shares of the company’s stock worth $375,000 after buying an additional 768 shares in the last quarter. FIDELIS iM LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 2.8% in the third quarter. FIDELIS iM LLC now owns 119,477 shares of the company’s stock worth $3,486,000 after acquiring an additional 3,289 shares during the last quarter. Finally, Williams Financial LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at $4,262,000.

Schwab Emerging Markets Equity ETF Stock Performance

Schwab Emerging Markets Equity ETF stock traded down $0.14 during midday trading on Monday, reaching $25.81. 1,502,264 shares of the company were exchanged, compared to its average volume of 1,449,080. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. The firm’s 50-day simple moving average is $27.51 and its 200-day simple moving average is $27.56. Schwab Emerging Markets Equity ETF has a 1 year low of $23.33 and a 1 year high of $30.25.

Schwab Emerging Markets Equity ETF Company 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.