Rebalance LLC lifted its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,350,308 shares of the company’s stock after purchasing an additional 52,050 shares during the period. Schwab Emerging Markets Equity ETF accounts for approximately 4.4% of Rebalance LLC’s investment portfolio, making the stock its 7th biggest holding. Rebalance LLC owned approximately 0.67% of Schwab Emerging Markets Equity ETF worth $85,669,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the company. Timbuktu Capital Management LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth $25,000. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at about $34,000. Davis Capital Management boosted its position in shares of Schwab Emerging Markets Equity ETF by 321.5% in the third quarter. Davis Capital Management now owns 999 shares of the company’s stock valued at $36,000 after acquiring an additional 762 shares during the period. GK Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at about $40,000. Finally, Tompkins Financial Corp bought a new position in Schwab Emerging Markets Equity ETF during the third quarter worth about $52,000.
Schwab Emerging Markets Equity ETF Stock Performance
NYSEARCA:SCHE traded up $0.01 during mid-day trading on Friday, reaching $34.96. 4,063,700 shares of the company’s stock were exchanged, compared to its average volume of 2,844,372. Schwab Emerging Markets Equity ETF has a one year low of $31.75 and a one year high of $37.64. The business’s fifty day simple moving average is $36.71 and its two-hundred day simple moving average is $36.20. The firm has a market capitalization of $12.33 billion, a PE ratio of 15.58 and a beta of 0.59.
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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