Fifth Third Bancorp Raises Stake in Schwab Emerging Markets Equity ETF $SCHE

Fifth Third Bancorp boosted its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 113.4% in the 1st quarter, HoldingsChannel reports. The fund owned 60,259 shares of the company’s stock after acquiring an additional 32,019 shares during the period. Fifth Third Bancorp’s holdings in Schwab Emerging Markets Equity ETF were worth $1,986,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHE. Lodestone Wealth Management LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth $28,000. Financial Consulate Inc. raised its stake in Schwab Emerging Markets Equity ETF by 222.7% in the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after buying an additional 599 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 2,042.2% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after buying an additional 919 shares during the last quarter. Frazier Financial Advisors LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 4,460.7% during the 4th quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock worth $42,000 after buying an additional 1,249 shares during the last quarter. Finally, Spire Wealth Management boosted its position in shares of Schwab Emerging Markets Equity ETF by 285.7% during the 4th quarter. Spire Wealth Management now owns 1,404 shares of the company’s stock worth $46,000 after acquiring an additional 1,040 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $35.99 on Thursday. Schwab Emerging Markets Equity ETF has a one year low of $30.20 and a one year high of $37.40. The company has a market cap of $12.54 billion, a P/E ratio of 15.58 and a beta of 0.58. The business’s 50-day simple moving average is $36.06 and its 200-day simple moving average is $35.04.

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.