Fortis Capital Management LLC Sells 2,136 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Fortis Capital Management LLC lessened its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.8% in the 4th quarter, Holdings Channel reports. The firm owned 115,204 shares of the company’s stock after selling 2,136 shares during the period. Fortis Capital Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $3,068,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at $29,000. Human Investing LLC bought a new position in Schwab Emerging Markets Equity ETF during the fourth quarter worth about $29,000. Assetmark Inc. grew its stake in Schwab Emerging Markets Equity ETF by 377.7% in the fourth quarter. Assetmark Inc. now owns 1,113 shares of the company’s stock valued at $30,000 after acquiring an additional 880 shares during the period. Lee Danner & Bass Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF in the fourth quarter worth about $36,000. Finally, GS Investments Inc. raised its position in shares of Schwab Emerging Markets Equity ETF by 62.8% during the fourth quarter. GS Investments Inc. now owns 1,490 shares of the company’s stock worth $40,000 after purchasing an additional 575 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE opened at $28.05 on Friday. The stock has a 50 day simple moving average of $27.40 and a 200 day simple moving average of $27.75. Schwab Emerging Markets Equity ETF has a 52-week low of $24.61 and a 52-week high of $30.25. The firm has a market capitalization of $9.55 billion, a PE ratio of 14.92 and a beta of 0.65.

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.