Christensen King & Associates Investment Services Inc. Cuts Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Christensen King & Associates Investment Services Inc. decreased its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,598 shares of the company’s stock after selling 2,608 shares during the quarter. Schwab Emerging Markets Equity ETF accounts for about 1.8% of Christensen King & Associates Investment Services Inc.’s holdings, making the stock its 15th biggest holding. Christensen King & Associates Investment Services Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $3,869,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. raised its position in shares of Schwab Emerging Markets Equity ETF by 1.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 85,303,270 shares of the company’s stock worth $2,153,908,000 after acquiring an additional 1,381,789 shares in the last quarter. Jane Street Group LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 5,410.5% in the 1st quarter. Jane Street Group LLC now owns 2,769,692 shares of the company’s stock valued at $69,935,000 after buying an additional 2,719,430 shares during the last quarter. Rebalance LLC raised its stake in Schwab Emerging Markets Equity ETF by 9.8% during the 2nd quarter. Rebalance LLC now owns 1,953,452 shares of the company’s stock worth $51,884,000 after acquiring an additional 173,665 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Schwab Emerging Markets Equity ETF by 0.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,858,079 shares of the company’s stock valued at $49,351,000 after acquiring an additional 7,575 shares during the last quarter. Finally, Orgel Wealth Management LLC boosted its stake in Schwab Emerging Markets Equity ETF by 4.6% in the third quarter. Orgel Wealth Management LLC now owns 1,706,521 shares of the company’s stock valued at $49,796,000 after acquiring an additional 75,392 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE traded down $0.01 during midday trading on Tuesday, reaching $28.97. 552,727 shares of the stock were exchanged, compared to its average volume of 1,122,986. The company has a market capitalization of $9.75 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a twelve month low of $22.88 and a twelve month high of $30.25. The business’s 50-day moving average price is $27.97 and its 200 day moving average price is $26.91.

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.