Axxcess Wealth Management LLC Increases Stake in Schwab Emerging Markets Equity ETF $SCHE

Axxcess Wealth Management LLC lifted its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 179.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 161,337 shares of the company’s stock after purchasing an additional 103,701 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $5,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHE. Brighton Jones LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 32.7% in the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock valued at $1,209,000 after purchasing an additional 11,195 shares during the last quarter. AQR Capital Management LLC raised its position in Schwab Emerging Markets Equity ETF by 18.4% during the 1st quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock worth $388,000 after buying an additional 2,190 shares during the last quarter. Russell Investments Group Ltd. raised its position in Schwab Emerging Markets Equity ETF by 183.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,778 shares of the company’s stock worth $54,000 after buying an additional 1,150 shares during the last quarter. Baird Financial Group Inc. raised its position in Schwab Emerging Markets Equity ETF by 5.7% during the 2nd quarter. Baird Financial Group Inc. now owns 24,826 shares of the company’s stock worth $748,000 after buying an additional 1,328 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $393,000.

Schwab Emerging Markets Equity ETF Trading Up 0.5%

SCHE opened at $35.75 on Friday. Schwab Emerging Markets Equity ETF has a 12-month low of $28.48 and a 12-month high of $37.06. The firm has a market capitalization of $12.47 billion, a PE ratio of 15.58 and a beta of 0.58. The firm has a 50 day moving average of $34.57 and a two-hundred day moving average of $34.12.

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.