Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Get Free Report) hit a new 52-week high on Friday . The company traded as high as $37.56 and last traded at $37.5450, with a volume of 205150 shares trading hands. The stock had previously closed at $37.30.
Schwab Emerging Markets Equity ETF Price Performance
The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 15.58 and a beta of 0.59. The firm’s fifty day moving average is $36.34 and its two-hundred day moving average is $35.49.
Institutional Trading of Schwab Emerging Markets Equity ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in SCHE. Corient Private Wealth LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 176.4% during the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after acquiring an additional 1,679,145 shares during the period. Morgan Stanley lifted its position in Schwab Emerging Markets Equity ETF by 9.6% in the fourth quarter. Morgan Stanley now owns 2,324,707 shares of the company’s stock worth $76,134,000 after purchasing an additional 203,020 shares during the period. Orgel Wealth Management LLC lifted its position in Schwab Emerging Markets Equity ETF by 4.2% in the second quarter. Orgel Wealth Management LLC now owns 2,198,585 shares of the company’s stock worth $79,721,000 after purchasing an additional 88,370 shares during the period. Sanctuary Advisors LLC boosted its stake in Schwab Emerging Markets Equity ETF by 1.9% during the 1st quarter. Sanctuary Advisors LLC now owns 1,909,261 shares of the company’s stock valued at $62,910,000 after purchasing an additional 36,013 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its stake in Schwab Emerging Markets Equity ETF by 2.7% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,893,189 shares of the company’s stock valued at $62,002,000 after purchasing an additional 50,152 shares in the last quarter.
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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