Elite Life Management LLC Invests $269,000 in Schwab Emerging Markets Equity ETF $SCHE

Elite Life Management LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,927 shares of the company’s stock, valued at approximately $269,000. Schwab Emerging Markets Equity ETF makes up about 0.7% of Elite Life Management LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE raised its position in shares of Schwab Emerging Markets Equity ETF by 311.1% in the first quarter. US Bancorp DE now owns 3,653,803 shares of the company’s stock worth $100,735,000 after acquiring an additional 2,765,078 shares during the period. HighTower Advisors LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 17.8% in the 1st quarter. HighTower Advisors LLC now owns 9,855,049 shares of the company’s stock valued at $271,704,000 after purchasing an additional 1,487,984 shares in the last quarter. Wealthspire Advisors LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 101.4% in the 1st quarter. Wealthspire Advisors LLC now owns 1,891,296 shares of the company’s stock valued at $52,143,000 after purchasing an additional 952,161 shares in the last quarter. Fund Evaluation Group LLC raised its holdings in Schwab Emerging Markets Equity ETF by 86.3% in the 1st quarter. Fund Evaluation Group LLC now owns 931,410 shares of the company’s stock worth $25,679,000 after purchasing an additional 431,461 shares during the period. Finally, Flow Traders U.S. LLC boosted its position in Schwab Emerging Markets Equity ETF by 671.0% during the first quarter. Flow Traders U.S. LLC now owns 326,578 shares of the company’s stock worth $9,004,000 after purchasing an additional 284,222 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Down 1.0%

Shares of SCHE opened at $34.02 on Friday. The firm has a market cap of $11.60 billion, a P/E ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a 12 month low of $24.11 and a 12 month high of $34.54. The stock’s 50 day moving average is $32.97 and its two-hundred day moving average is $30.73.

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.