Nalls Sherbakoff Group LLC Invests $1.67 Million in Schwab Emerging Markets Equity ETF $SCHE

Nalls Sherbakoff Group LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 50,853 shares of the company’s stock, valued at approximately $1,665,000. Schwab Emerging Markets Equity ETF accounts for approximately 1.2% of Nalls Sherbakoff Group LLC’s investment portfolio, making the stock its 18th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the company. Apella Capital LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF during the fourth quarter valued at approximately $544,000. WorthPointe LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 115.0% during the fourth quarter. WorthPointe LLC now owns 27,875 shares of the company’s stock valued at $913,000 after buying an additional 14,910 shares during the last quarter. JPMorgan Chase & Co. raised 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 worth $47,340,000 after buying an additional 160,961 shares during the period. BlueSky Wealth Advisors LLC raised 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 worth $38,857,000 after buying an additional 22,243 shares during the period. Finally, Mountain Capital Investment Advisors Inc. raised 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 worth $29,421,000 after buying an additional 87,320 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE stock opened at $36.88 on Friday. The stock has a 50 day moving average price of $35.92 and a 200 day moving average price of $34.51. Schwab Emerging Markets Equity ETF has a 52-week low of $28.97 and a 52-week high of $37.26. The firm has a market capitalization of $12.87 billion, a P/E ratio of 15.58 and a beta of 0.58.

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.