Rakuten Investment Management Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) by 3.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,047,559 shares of the company’s stock after acquiring an additional 102,271 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $111,571,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of SCHE. Mather Group LLC. bought a new position in Schwab Emerging Markets Equity ETF in the third quarter worth approximately $78,226,000. Charles Schwab Trust Co lifted its holdings in Schwab Emerging Markets Equity ETF by 138.7% during the second quarter. Charles Schwab Trust Co now owns 1,651,919 shares of the company’s stock worth $59,899,000 after buying an additional 959,875 shares during the period. Waverly Advisors LLC boosted its position in Schwab Emerging Markets Equity ETF by 105.8% during the 1st quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock valued at $34,366,000 after acquiring an additional 536,116 shares in the last quarter. Towercrest Capital Management bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at $17,173,000. Finally, Boltwood Capital Management bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at $9,819,000.
Schwab Emerging Markets Equity ETF Trading Down 0.7%
Shares of NYSEARCA:SCHE opened at $34.11 on Wednesday. Schwab Emerging Markets Equity ETF has a 12-month low of $31.75 and a 12-month high of $37.64. The business’s fifty day simple moving average is $36.39 and its 200-day simple moving average is $35.58. The company has a market capitalization of $12.03 billion, a PE ratio of 15.58 and a beta of 0.61.
Schwab Emerging Markets Equity ETF Company Profile
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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