RMG Wealth Management LLC Makes New $80,000 Investment in Schwab Emerging Markets Equity ETF $SCHE

RMG Wealth Management LLC purchased a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the second quarter, HoldingsChannel reports. The firm purchased 2,644 shares of the company’s stock, valued at approximately $80,000.

A number of other hedge funds have also modified their holdings of the company. Great Waters Wealth Management raised its stake in Schwab Emerging Markets Equity ETF by 3.7% during the second quarter. Great Waters Wealth Management now owns 9,425 shares of the company’s stock valued at $284,000 after purchasing an additional 332 shares in the last quarter. AdvisorNet Financial Inc raised its stake in Schwab Emerging Markets Equity ETF by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 13,001 shares of the company’s stock valued at $392,000 after purchasing an additional 345 shares in the last quarter. Peterson Wealth Advisors LLC increased its position in Schwab Emerging Markets Equity ETF by 3.7% during the second quarter. Peterson Wealth Advisors LLC now owns 9,795 shares of the company’s stock valued at $295,000 after acquiring an additional 351 shares during the last quarter. Koshinski Asset Management Inc. increased its position in Schwab Emerging Markets Equity ETF by 1.2% during the first quarter. Koshinski Asset Management Inc. now owns 30,736 shares of the company’s stock valued at $847,000 after acquiring an additional 366 shares during the last quarter. Finally, Sigma Planning Corp increased its position in Schwab Emerging Markets Equity ETF by 1.9% during the first quarter. Sigma Planning Corp now owns 25,827 shares of the company’s stock valued at $712,000 after acquiring an additional 472 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 0.3%

SCHE stock opened at $33.86 on Tuesday. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $33.91. The stock has a market capitalization of $11.55 billion, a price-to-earnings ratio of 15.58 and a beta of 0.68. The firm’s fifty day simple moving average is $32.03 and its two-hundred day simple moving average is $29.87.

Schwab Emerging Markets Equity ETF 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.