Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sets New 1-Year High – Here’s What Happened

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $35.17 and last traded at $35.15, with a volume of 1243974 shares traded. The stock had previously closed at $34.69.

Schwab Emerging Markets Equity ETF Trading Down 0.3%

The firm’s 50-day moving average is $33.44 and its 200-day moving average is $32.80. The firm has a market cap of $12.31 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in Schwab Emerging Markets Equity ETF by 32.7% during the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock worth $1,209,000 after purchasing an additional 11,195 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 18.4% in the first quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock valued at $388,000 after purchasing an additional 2,190 shares in the last quarter. TruNorth Capital Management LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 20.3% during the second quarter. TruNorth Capital Management LLC now owns 415,568 shares of the company’s stock valued at $12,525,000 after buying an additional 70,240 shares during the last quarter. TPG Advisors LLC grew its holdings in Schwab Emerging Markets Equity ETF by 5.5% during the second quarter. TPG Advisors LLC now owns 72,861 shares of the company’s stock worth $2,196,000 after buying an additional 3,795 shares in the last quarter. Finally, Naples Global Advisors LLC raised its position in Schwab Emerging Markets Equity ETF by 4.6% in the 2nd quarter. Naples Global Advisors LLC now owns 437,596 shares of the company’s stock valued at $13,189,000 after buying an additional 19,324 shares during the last quarter.

About Schwab Emerging Markets Equity ETF

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.