Ackerman Capital Advisors LLC Sells 1,387 Shares of Schwab Emerging Markets Equity ETF $SCHE

Ackerman Capital Advisors LLC reduced its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 0.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 225,814 shares of the company’s stock after selling 1,387 shares during the period. Schwab Emerging Markets Equity ETF comprises approximately 1.6% of Ackerman Capital Advisors LLC’s holdings, making the stock its 15th biggest position. Ackerman Capital Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $6,806,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 54.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 31,268 shares of the company’s stock valued at $942,000 after buying an additional 10,997 shares in the last quarter. Keener Financial Planning LLC boosted its position in Schwab Emerging Markets Equity ETF by 5,945.5% during the second quarter. Keener Financial Planning LLC now owns 1,330 shares of the company’s stock valued at $40,000 after purchasing an additional 1,308 shares in the last quarter. Thompson Investment Management Inc. boosted its holdings in Schwab Emerging Markets Equity ETF by 0.9% in the second quarter. Thompson Investment Management Inc. now owns 56,154 shares of the company’s stock worth $1,692,000 after acquiring an additional 484 shares in the last quarter. Brandywine Oak Private Wealth LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 3.9% during the second quarter. Brandywine Oak Private Wealth LLC now owns 110,236 shares of the company’s stock worth $3,323,000 after purchasing an additional 4,092 shares during the period. Finally, M1 Capital Management LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 62.3% in the second quarter. M1 Capital Management LLC now owns 14,806 shares of the company’s stock valued at $446,000 after buying an additional 5,681 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 3.6%

Shares of Schwab Emerging Markets Equity ETF stock opened at $32.35 on Friday. The firm has a market cap of $11.03 billion, a PE ratio of 15.58 and a beta of 0.68. The business’s fifty day simple moving average is $32.25 and its 200-day simple moving average is $30.01. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $34.00.

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.