Schwab Emerging Markets Equity ETF $SCHE Shares Acquired by Summit Wealth & Retirement Planning Inc.

Summit Wealth & Retirement Planning Inc. boosted its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 583,127 shares of the company’s stock after buying an additional 27,154 shares during the period. Schwab Emerging Markets Equity ETF comprises about 4.7% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 6th biggest holding. Summit Wealth & Retirement Planning Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $17,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in SCHE. Walkner Condon Financial Advisors LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 12.0% during the second quarter. Walkner Condon Financial Advisors LLC now owns 67,935 shares of the company’s stock worth $2,046,000 after buying an additional 7,275 shares in the last quarter. HORAN Wealth LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at about $456,000. Ethos Financial Group LLC increased its position in Schwab Emerging Markets Equity ETF by 9.1% during the second quarter. Ethos Financial Group LLC now owns 124,163 shares of the company’s stock worth $3,742,000 after acquiring an additional 10,390 shares during the period. WorthPointe LLC bought a new position in Schwab Emerging Markets Equity ETF during the second quarter worth about $347,000. Finally, Bank of Montreal Can raised its stake in Schwab Emerging Markets Equity ETF by 5.3% in the 2nd quarter. Bank of Montreal Can now owns 44,285 shares of the company’s stock worth $1,335,000 after purchasing an additional 2,240 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 0.1%

NYSEARCA SCHE opened at $33.60 on Friday. 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 50-day moving average price of $33.22 and a two-hundred day moving average price of $31.03. The company has a market capitalization of $11.46 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.