Droms Strauss Advisors Inc. MO ADV bought a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 426,420 shares of the company’s stock, valued at approximately $15,543,000. Schwab Emerging Markets Equity ETF comprises 3.6% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 9th biggest position. Droms Strauss Advisors Inc. MO ADV owned approximately 0.12% of Schwab Emerging Markets Equity ETF as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Analysts LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 26.8% in the 2nd quarter. Capital Analysts LLC now owns 82,960 shares of the company’s stock valued at $3,008,000 after purchasing an additional 17,531 shares during the period. International Assets Investment Management LLC grew its holdings in Schwab Emerging Markets Equity ETF by 280.8% during the third quarter. International Assets Investment Management LLC now owns 50,000 shares of the company’s stock worth $1,823,000 after purchasing an additional 36,871 shares during the period. Prota Financial LLC bought a new position in Schwab Emerging Markets Equity ETF during the second quarter worth about $5,052,000. Boltwood Capital Management bought a new position in Schwab Emerging Markets Equity ETF during the third quarter worth about $9,819,000. Finally, Orgel Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 4.2% during the second quarter. Orgel Wealth Management LLC now owns 2,198,585 shares of the company’s stock worth $79,721,000 after buying an additional 88,370 shares during the last quarter.
Schwab Emerging Markets Equity ETF Trading Up 1.9%
Shares of SCHE traded up $0.63 during mid-day trading on Friday, reaching $34.06. The company’s stock had a trading volume of 4,256,471 shares, compared to its average volume of 2,892,362. Schwab Emerging Markets Equity ETF has a 1-year low of $31.75 and a 1-year high of $37.64. The stock has a market cap of $12.01 billion, a P/E ratio of 15.58 and a beta of 0.61. The business has a 50-day simple moving average of $36.21 and a two-hundred day simple moving average of $35.58.
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.
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