Sierra Ocean LLC Sells 164,240 Shares of Schwab Emerging Markets Equity ETF $SCHE
by Jessica Moore · The Cerbat GemSierra Ocean LLC trimmed its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) by 72.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,184 shares of the company’s stock after selling 164,240 shares during the period. Schwab Emerging Markets Equity ETF accounts for 1.4% of Sierra Ocean LLC’s portfolio, making the stock its 17th biggest position. Sierra Ocean LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,267,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of SCHE. Timbuktu Capital Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter worth about $25,000. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $34,000. Davis Capital Management grew its position in shares of Schwab Emerging Markets Equity ETF by 321.5% during the 3rd quarter. Davis Capital Management now owns 999 shares of the company’s stock valued at $36,000 after buying an additional 762 shares during the last quarter. GK Wealth Management LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $40,000. Finally, Tompkins Financial Corp acquired a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth about $52,000.
Schwab Emerging Markets Equity ETF Stock Up 1.9%
SCHE opened at $34.06 on Friday. The company’s 50-day moving average price is $36.21 and its 200 day moving average price is $35.58. Schwab Emerging Markets Equity ETF has a fifty-two week low of $31.75 and a fifty-two week high of $37.64. The firm has a market cap of $12.01 billion, a price-to-earnings ratio of 15.58 and a beta of 0.61.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.
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