Breakthru Advisory Services LLC Trims Holdings in Schwab Crypto Thematic ETF $STCE

Breakthru Advisory Services LLC trimmed its holdings in Schwab Crypto Thematic ETF (NYSEARCA:STCE) by 87.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,185 shares of the company’s stock after selling 49,452 shares during the quarter. Breakthru Advisory Services LLC’s holdings in Schwab Crypto Thematic ETF were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. MML Investors Services LLC bought a new stake in Schwab Crypto Thematic ETF during the fourth quarter worth about $3,390,000. Jane Street Group LLC increased its stake in shares of Schwab Crypto Thematic ETF by 42.9% during the second quarter. Jane Street Group LLC now owns 41,389 shares of the company’s stock valued at $2,072,000 after purchasing an additional 12,424 shares in the last quarter. Quattro Advisors LLC bought a new position in shares of Schwab Crypto Thematic ETF during the fourth quarter valued at approximately $2,093,000. Advyzon Investment Management LLC bought a new position in shares of Schwab Crypto Thematic ETF during the fourth quarter valued at approximately $475,000. Finally, Mattern Wealth Management LLC lifted its holdings in shares of Schwab Crypto Thematic ETF by 30.4% during the fourth quarter. Mattern Wealth Management LLC now owns 6,123 shares of the company’s stock valued at $367,000 after purchasing an additional 1,427 shares during the last quarter.

Schwab Crypto Thematic ETF Stock Performance

STCE stock opened at $78.95 on Friday. The firm has a 50 day moving average price of $71.98 and a 200-day moving average price of $65.60. Schwab Crypto Thematic ETF has a 52-week low of $41.56 and a 52-week high of $109.64. The firm has a market capitalization of $331.59 million, a price-to-earnings ratio of 25.00 and a beta of 2.69.

Schwab Crypto Thematic ETF Profile

The Schwab Crypto Thematic ETF (STCE) is an exchange-traded fund that is based on the The Schwab Crypto Thematic index. The fund tracks an index of globally listed companies that enable the cryptocurrency ecosystem. The fund selects and weights companies based on thematic relevance through a proprietary NLP algorithm. STCE was launched on Aug 4, 2022 and is managed by Charles Schwab.