Abbrea Capital LLC Trims Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Abbrea Capital LLC lessened its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 78,680 shares of the company’s stock after selling 7,525 shares during the quarter. Abbrea Capital LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,950,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 522.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock worth $26,000 after acquiring an additional 904 shares during the period. Sound Income Strategies LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter worth about $46,000. BKM Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter worth about $46,000. Friedenthal Financial bought a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter worth about $54,000. Finally, Life Planning Partners Inc bought a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter worth about $61,000.

Schwab Emerging Markets Equity ETF Stock Up 1.1 %

Schwab Emerging Markets Equity ETF stock traded up $0.29 during midday trading on Friday, reaching $25.57. 747,157 shares of the stock traded hands, compared to its average volume of 1,251,479. The stock’s fifty day moving average is $25.11 and its 200-day moving average is $24.46. 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 $8.61 billion, a P/E ratio of 11.72 and a beta of 0.80.

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.