SHP Wealth Management Invests $535,000 in Schwab Emerging Markets Equity ETF $SCHE

SHP Wealth Management purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 16,344 shares of the company’s stock, valued at approximately $535,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Apella Capital LLC purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter worth $544,000. WorthPointe LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 115.0% in the 4th quarter. WorthPointe LLC now owns 27,875 shares of the company’s stock worth $913,000 after acquiring an additional 14,910 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 1,418,649 shares of the company’s stock valued at $47,340,000 after acquiring an additional 160,961 shares in the last quarter. BlueSky Wealth Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.9% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,186,483 shares of the company’s stock valued at $38,857,000 after acquiring an additional 22,243 shares in the last quarter. Finally, Mountain Capital Investment Advisors Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 11.5% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 849,835 shares of the company’s stock valued at $29,421,000 after acquiring an additional 87,320 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of Schwab Emerging Markets Equity ETF stock opened at $36.88 on Friday. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 52-week low of $28.97 and a 52-week high of $37.26. The company’s 50-day simple moving average is $35.92 and its 200-day simple moving average is $34.51.

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.