Summit Investment Advisors Inc. Cuts Stock Position in Schwab International Equity ETF $SCHF

Summit Investment Advisors Inc. decreased its holdings in Schwab International Equity ETF (NYSEARCA:SCHF) by 4.8% in the 1st quarter, HoldingsChannel reports. The firm owned 70,787 shares of the company’s stock after selling 3,562 shares during the quarter. Summit Investment Advisors Inc.’s holdings in Schwab International Equity ETF were worth $1,400,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Moser Wealth Advisors LLC lifted its holdings in Schwab International Equity ETF by 1,150.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 1,350 shares of the company’s stock worth $30,000 after buying an additional 1,242 shares in the last quarter. Private Wealth Asset Management LLC purchased a new stake in shares of Schwab International Equity ETF during the second quarter worth $31,000. Financial Perspectives Inc acquired a new stake in shares of Schwab International Equity ETF in the second quarter valued at $32,000. SYM FINANCIAL Corp purchased a new position in Schwab International Equity ETF in the second quarter valued at $35,000. Finally, Brooklyn Investment Group acquired a new position in Schwab International Equity ETF during the 1st quarter worth $32,000.

Schwab International Equity ETF Price Performance

Shares of NYSEARCA SCHF opened at $24.09 on Wednesday. The company has a market cap of $53.35 billion, a price-to-earnings ratio of 16.14 and a beta of 0.86. The stock’s 50-day moving average is $23.44 and its two-hundred day moving average is $22.43. Schwab International Equity ETF has a 1-year low of $17.56 and a 1-year high of $24.13.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.