471,126 Shares of Schwab Emerging Markets Equity ETF $SCHE Bought by Towercrest Capital Management

Towercrest Capital Management acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 471,126 shares of the company’s stock, valued at approximately $17,173,000. Schwab Emerging Markets Equity ETF makes up about 2.4% of Towercrest Capital Management’s portfolio, making the stock its 13th largest holding. Towercrest Capital Management owned approximately 0.13% of Schwab Emerging Markets Equity ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Orgel Wealth Management LLC grew its holdings in Schwab Emerging Markets Equity ETF by 3.4% during the third quarter. Orgel Wealth Management LLC now owns 2,274,253 shares of the company’s stock worth $82,897,000 after purchasing an additional 75,668 shares during the period. Mather Group LLC. acquired a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $78,226,000. Sanctuary Advisors LLC grew its stake in Schwab Emerging Markets Equity ETF by 1.9% during the first quarter. Sanctuary Advisors LLC now owns 1,909,261 shares of the company’s stock worth $62,910,000 after buying an additional 36,013 shares in the last quarter. Krilogy Financial LLC increased its stake in Schwab Emerging Markets Equity ETF by 0.9% in the third quarter. Krilogy Financial LLC now owns 1,753,085 shares of the company’s stock valued at $64,356,000 after acquiring an additional 15,235 shares during the last quarter. Finally, Charles Schwab Trust Co raised its holdings in shares of Schwab Emerging Markets Equity ETF by 1.9% during the 3rd quarter. Charles Schwab Trust Co now owns 1,682,888 shares of the company’s stock worth $61,341,000 after buying an additional 30,969 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 0.0%

Shares of NYSEARCA SCHE traded up $0.01 during midday trading on Friday, reaching $34.96. 4,063,700 shares of the company were exchanged, compared to its average volume of 2,844,372. Schwab Emerging Markets Equity ETF has a one year low of $31.75 and a one year high of $37.64. The stock’s 50-day moving average price is $36.71 and its 200-day moving average price is $36.20. The stock has a market cap of $12.33 billion, a P/E ratio of 15.58 and a beta of 0.59.

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.