SNS Financial Group LLC Decreases Position in Schwab Emerging Markets Equity ETF $SCHE

SNS Financial Group LLC decreased its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 16.2% in the third quarter, Holdings Channel reports. The firm owned 82,535 shares of the company’s stock after selling 16,005 shares during the period. SNS Financial Group LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $2,754,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brandywine Oak Private Wealth LLC increased its position in Schwab Emerging Markets Equity ETF by 0.3% during the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 110,557 shares of the company’s stock valued at $3,689,000 after buying an additional 321 shares in the last quarter. Cape Investment Advisory Inc. boosted its holdings in Schwab Emerging Markets Equity ETF by 0.3% in the second quarter. Cape Investment Advisory Inc. now owns 118,319 shares of the company’s stock worth $3,566,000 after acquiring an additional 346 shares in the last quarter. Brown Advisory Inc. boosted its holdings in Schwab Emerging Markets Equity ETF by 1.6% in the second quarter. Brown Advisory Inc. now owns 23,038 shares of the company’s stock worth $694,000 after acquiring an additional 358 shares in the last quarter. Reston Wealth Management LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 2.0% during the third quarter. Reston Wealth Management LLC now owns 20,208 shares of the company’s stock worth $674,000 after acquiring an additional 392 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 2.4% during the third quarter. Blue Bell Private Wealth Management LLC now owns 17,069 shares of the company’s stock worth $570,000 after acquiring an additional 404 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 0.8%

SCHE opened at $33.15 on Monday. The company has a market cap of $11.61 billion, a P/E ratio of 15.58 and a beta of 0.54. The firm’s 50-day moving average price is $34.46 and its 200-day moving average price is $33.55. Schwab Emerging Markets Equity ETF has a 52-week low of $24.11 and a 52-week high of $36.00.

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.