HighTower Advisors LLC Raises Stock Position in Schwab International Equity ETF (NYSEARCA:SCHF)

HighTower Advisors LLC raised its stake in Schwab International Equity ETF (NYSEARCA:SCHF) by 115.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 21,862,447 shares of the company’s stock after buying an additional 11,705,886 shares during the quarter. Schwab International Equity ETF makes up approximately 0.6% of HighTower Advisors LLC’s portfolio, making the stock its 28th biggest holding. HighTower Advisors LLC’s holdings in Schwab International Equity ETF were worth $404,455,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Empower Advisory Group LLC raised its stake in Schwab International Equity ETF by 118.9% during the fourth quarter. Empower Advisory Group LLC now owns 181,089,569 shares of the company’s stock worth $3,350,157,000 after purchasing an additional 98,363,977 shares during the period. US Bancorp DE increased its stake in Schwab International Equity ETF by 102.9% during the 4th quarter. US Bancorp DE now owns 15,204,913 shares of the company’s stock worth $281,291,000 after buying an additional 7,710,766 shares during the period. Wealthspire Advisors LLC increased its stake in Schwab International Equity ETF by 105.6% during the 4th quarter. Wealthspire Advisors LLC now owns 10,198,152 shares of the company’s stock worth $188,666,000 after buying an additional 5,238,361 shares during the period. Orgel Wealth Management LLC increased its stake in Schwab International Equity ETF by 117.0% during the 4th quarter. Orgel Wealth Management LLC now owns 8,371,941 shares of the company’s stock worth $154,881,000 after buying an additional 4,513,862 shares during the period. Finally, McAdam LLC increased its stake in Schwab International Equity ETF by 113.8% during the 4th quarter. McAdam LLC now owns 7,018,602 shares of the company’s stock worth $129,844,000 after buying an additional 3,736,231 shares during the period.

Schwab International Equity ETF Price Performance

Shares of SCHF stock opened at $19.87 on Wednesday. The firm has a market cap of $43.12 billion, a P/E ratio of 16.20 and a beta of 0.89. Schwab International Equity ETF has a 1-year low of $18.12 and a 1-year high of $20.82. The firm has a fifty day moving average of $19.40 and a two-hundred day moving average of $19.60.

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.