645,316 Shares in Schwab Emerging Markets Equity ETF $SCHE Acquired by 93 Financial Group LLC

93 Financial Group LLC bought a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 645,316 shares of the company’s stock, valued at approximately $21,134,000. Schwab Emerging Markets Equity ETF comprises about 9.2% of 93 Financial Group LLC’s investment portfolio, making the stock its 4th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in shares of Schwab Emerging Markets Equity ETF by 0.5% in the fourth quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock valued at $214,299,000 after buying an additional 32,697 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd 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 boosted its holdings in Schwab Emerging Markets Equity ETF by 9.6% during the 4th quarter. Morgan Stanley now owns 2,324,707 shares of the company’s stock valued at $76,134,000 after acquiring an additional 203,020 shares during the period. Rebalance LLC grew its position in Schwab Emerging Markets Equity ETF by 4.5% in the 4th quarter. Rebalance LLC now owns 2,167,937 shares of the company’s stock valued at $71,000,000 after acquiring an additional 92,510 shares in the last quarter. Finally, Orgel Wealth Management LLC grew its position in Schwab Emerging Markets Equity ETF by 1.7% in the 4th quarter. Orgel Wealth Management LLC now owns 2,002,676 shares of the company’s stock valued at $65,588,000 after acquiring an additional 33,631 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE opened at $36.88 on Friday. The firm has a market capitalization of $12.87 billion, a PE ratio of 15.58 and a beta of 0.58. The firm’s 50-day moving average is $35.88 and its two-hundred day moving average is $34.49. Schwab Emerging Markets Equity ETF has a 1 year low of $28.97 and a 1 year high of $37.26.

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.