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Institutional investors reduced holdings in Schwab's SCHX and SCHM ETFs during Q2.
Institutional investors made notable moves in Schwab ETFs during Q2: Exencial Wealth Advisors reduced its SCHX stake by 2.9%, while Retirement Planning Group cut its SCHX holding by 7.2% and also reduced SCHM by 3.3%.
SCHX, tracking the top 750 U.S. companies, had a $61.23 billion market cap and a 25.66 P/E ratio.
SCHM, focused on mid-cap firms, had a $12.10 billion market cap and 18.83 P/E ratio.
Both ETFs showed strong recent trading activity, with SCHX opening at $26.40 and SCHM at $29.57.
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Los inversores institucionales redujeron sus participaciones en los ETF SCHX y SCHM de Schwab durante el segundo trimestre.