JPMorgan Chase & Co. Purchases 160,961 Shares of Schwab Emerging Markets Equity ETF $SCHE

JPMorgan Chase & Co. lifted its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 12.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,418,649 shares of the company’s stock after acquiring an additional 160,961 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.42% of Schwab Emerging Markets Equity ETF worth $47,340,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHE. Rakuten Investment Management Inc. bought a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $74,621,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab Emerging Markets Equity ETF by 86.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock valued at $111,321,000 after buying an additional 1,715,694 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 176.4% in the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after buying an additional 1,679,145 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at about $15,165,000. Finally, Procyon Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 2,773.5% during the 3rd quarter. Procyon Advisors LLC now owns 448,762 shares of the company’s stock worth $14,975,000 after buying an additional 433,145 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 1.3%

Shares of NYSEARCA:SCHE opened at $35.49 on Friday. The firm has a market cap of $12.43 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 $36.00. The company’s 50-day moving average price is $34.30 and its two-hundred day moving average price is $33.41.

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. 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.