Principal Financial Group Inc. bought a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 44,627 shares of the company’s stock, valued at approximately $1,470,000.
Several other hedge funds have also added to or reduced their stakes in SCHE. Lodestone Wealth Management LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth about $28,000. Financial Consulate Inc. boosted its position in shares of Schwab Emerging Markets Equity ETF by 222.7% in the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares during the period. Oak Harbor Wealth Partners LLC increased its position in Schwab Emerging Markets Equity ETF by 2,042.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after acquiring an additional 919 shares during the period. Frazier Financial Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 4,460.7% during the fourth quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock worth $42,000 after purchasing an additional 1,249 shares during the period. Finally, Headlands Technologies LLC bought a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter worth $43,000.
Schwab Emerging Markets Equity ETF Stock Performance
SCHE opened at $35.72 on Friday. The business’s fifty day moving average is $36.04 and its 200-day moving average is $35.11. Schwab Emerging Markets Equity ETF has a 52-week low of $30.20 and a 52-week high of $37.40. The firm has a market cap of $12.47 billion, a P/E ratio of 15.58 and a beta of 0.58.
About Schwab Emerging Markets Equity ETF
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.
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Want to see what other hedge funds are holding SCHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report).
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