L2 Asset Management LLC Has $4.33 Million Stake in Schwab Emerging Markets Equity ETF $SCHE

L2 Asset Management LLC grew its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 72.6% in the third quarter, HoldingsChannel.com reports. The firm owned 129,759 shares of the company’s stock after purchasing an additional 54,575 shares during the period. L2 Asset Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $4,330,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 3.0% during the third quarter. HighTower Advisors LLC now owns 10,445,370 shares of the company’s stock valued at $348,562,000 after buying an additional 303,891 shares during the last quarter. US Bancorp DE raised its position in Schwab Emerging Markets Equity ETF by 89.0% in the 3rd quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock valued at $217,265,000 after buying an additional 3,065,021 shares during the last quarter. SageView Advisory Group LLC raised its position in Schwab Emerging Markets Equity ETF by 5.0% in the 2nd quarter. SageView Advisory Group LLC now owns 3,764,296 shares of the company’s stock valued at $116,129,000 after buying an additional 178,191 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab Emerging Markets Equity ETF by 86.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock valued at $111,321,000 after acquiring an additional 1,715,694 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after acquiring an additional 1,679,145 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

SCHE opened at $33.51 on Tuesday. Schwab Emerging Markets Equity ETF has a 1 year low of $24.11 and a 1 year high of $36.00. The company has a market capitalization of $11.73 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The firm’s fifty day moving average price is $34.52 and its two-hundred day moving average price is $33.63.

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.