L2 Asset Management LLC Acquires 54,575 Shares of Schwab Emerging Markets Equity ETF $SCHE

L2 Asset Management LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 72.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,759 shares of the company’s stock after purchasing an additional 54,575 shares during the period. L2 Asset Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $4,330,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SCHE. Lido Advisors LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $453,000. Focus Partners Wealth lifted its position in shares of Schwab Emerging Markets Equity ETF by 10.1% during the 3rd quarter. Focus Partners Wealth now owns 484,718 shares of the company’s stock valued at $16,179,000 after acquiring an additional 44,559 shares during the period. Destination Wealth Management lifted its position in shares of Schwab Emerging Markets Equity ETF by 3.0% during the 3rd quarter. Destination Wealth Management now owns 104,582 shares of the company’s stock valued at $3,490,000 after acquiring an additional 3,039 shares during the period. Disciplined Investors L.L.C. boosted its stake in Schwab Emerging Markets Equity ETF by 6.6% during the third quarter. Disciplined Investors L.L.C. now owns 36,533 shares of the company’s stock worth $1,219,000 after acquiring an additional 2,275 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 10.3% during the third quarter. Ausdal Financial Partners Inc. now owns 119,860 shares of the company’s stock worth $4,000,000 after acquiring an additional 11,207 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 1.8%

NYSEARCA:SCHE opened at $33.51 on Tuesday. Schwab Emerging Markets Equity ETF has a 12 month low of $24.11 and a 12 month high of $36.00. The stock has a market capitalization of $11.73 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The firm has a fifty day simple moving average of $34.52 and a two-hundred day simple moving average of $33.63.

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.