SHP Wealth Management Acquires Shares of 16,344 Schwab Emerging Markets Equity ETF $SCHE

SHP Wealth Management acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,344 shares of the company’s stock, valued at approximately $535,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE boosted its position in shares of Schwab Emerging Markets Equity ETF by 0.5% in the 4th quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock valued at $214,299,000 after purchasing an additional 32,697 shares during the period. Corient Private Wealth LLC increased its position in 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 worth $79,305,000 after buying an additional 1,679,145 shares during the period. Morgan Stanley increased its position in Schwab Emerging Markets Equity ETF by 9.6% during the fourth quarter. Morgan Stanley now owns 2,324,707 shares of the company’s stock worth $76,134,000 after buying an additional 203,020 shares during the period. Rebalance LLC lifted its stake in Schwab Emerging Markets Equity ETF by 4.5% in the fourth quarter. Rebalance LLC now owns 2,167,937 shares of the company’s stock valued at $71,000,000 after buying an additional 92,510 shares during the last quarter. Finally, Orgel Wealth Management LLC lifted its stake in Schwab Emerging Markets Equity ETF by 1.7% in the fourth quarter. Orgel Wealth Management LLC now owns 2,002,676 shares of the company’s stock valued at $65,588,000 after buying an additional 33,631 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE stock opened at $36.88 on Friday. The company has a market capitalization of $12.87 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a twelve month low of $28.97 and a twelve month high of $37.26. The business has a 50 day simple moving average of $35.92 and a 200-day simple moving average of $34.51.

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.