Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Reaches New 1-Year High – Time to Buy?

Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) hit a new 52-week high during trading on Monday . The company traded as high as $37.33 and last traded at $37.28, with a volume of 64419 shares traded. The stock had previously closed at $36.88.

Schwab Emerging Markets Equity ETF Trading Up 1.0%

The company has a market cap of $13.00 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. The company has a fifty day moving average price of $35.92 and a two-hundred day moving average price of $34.52.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

A number of institutional investors have recently bought and sold shares of SCHE. Lodestone Wealth Management LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $28,000. Financial Consulate Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 222.7% during the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock worth $28,000 after purchasing an additional 599 shares during the period. Oak Harbor Wealth Partners LLC lifted its stake in Schwab Emerging Markets Equity ETF by 2,042.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after purchasing an additional 919 shares during the period. Frazier Financial Advisors LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 4,460.7% during the fourth quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock valued at $42,000 after purchasing an additional 1,249 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the second quarter valued at approximately $43,000.

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.