Royal Bank of Canada Sells 65,486 Shares of Schwab Emerging Markets Equity ETF $SCHE

Royal Bank of Canada trimmed its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 17.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 299,735 shares of the company’s stock after selling 65,486 shares during the quarter. Royal Bank of Canada’s holdings in Schwab Emerging Markets Equity ETF were worth $9,876,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHE. Quantinno Capital Management LP grew its holdings in Schwab Emerging Markets Equity ETF by 28.5% in the 1st quarter. Quantinno Capital Management LP now owns 117,395 shares of the company’s stock worth $3,868,000 after acquiring an additional 26,057 shares during the last quarter. Waverly Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 105.8% during the first quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock valued at $34,366,000 after acquiring an additional 536,116 shares during the last quarter. Vivaldi Capital Management LP raised its stake in shares of Schwab Emerging Markets Equity ETF by 0.9% during the first quarter. Vivaldi Capital Management LP now owns 126,019 shares of the company’s stock valued at $4,152,000 after acquiring an additional 1,076 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the first quarter valued at about $1,522,000. Finally, Compound Planning Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 10.6% during the first quarter. Compound Planning Inc. now owns 12,243 shares of the company’s stock worth $403,000 after purchasing an additional 1,169 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE opened at $36.99 on Monday. The stock has a market capitalization of $12.91 billion, a PE ratio of 15.58 and a beta of 0.59. Schwab Emerging Markets Equity ETF has a 1 year low of $30.92 and a 1 year high of $37.40. The business’s 50-day moving average is $36.08 and its 200 day moving average is $35.21.

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.