Schwab Emerging Markets Equity ETF $SCHE Position Lifted by Procyon Advisors LLC

Procyon Advisors LLC grew its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2,773.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 448,762 shares of the company’s stock after purchasing an additional 433,145 shares during the quarter. Schwab Emerging Markets Equity ETF makes up about 0.3% of Procyon Advisors LLC’s holdings, making the stock its 26th largest position. Procyon Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $14,975,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHE. PFS Partners LLC acquired a new position in Schwab Emerging Markets Equity ETF in the third quarter worth about $25,000. Morton Brown Family Wealth LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 122.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after buying an additional 490 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter worth approximately $32,000. Hoey Investments Inc. acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter worth approximately $33,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at approximately $35,000.

Schwab Emerging Markets Equity ETF Trading Up 0.2%

SCHE stock opened at $34.21 on Thursday. The stock’s 50 day simple moving average is $33.24 and its 200 day simple moving average is $32.49. Schwab Emerging Markets Equity ETF has a 12-month low of $24.11 and a 12-month high of $34.54. The firm has a market cap of $11.98 billion, a P/E ratio of 15.58 and a beta of 0.54.

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. 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.