Moneta Group Investment Advisors LLC Increases Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Moneta Group Investment Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,843,037 shares of the company’s stock after acquiring an additional 74,487 shares during the period. Moneta Group Investment Advisors LLC owned approximately 0.54% of Schwab Emerging Markets Equity ETF worth $61,502,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE boosted its position in shares of Schwab Emerging Markets Equity ETF by 89.0% during the 3rd quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock worth $217,265,000 after purchasing an additional 3,065,021 shares during the period. Rakuten Investment Management Inc. purchased a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at approximately $74,621,000. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab Emerging Markets Equity ETF by 86.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock worth $111,321,000 after purchasing an additional 1,715,694 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Schwab Emerging Markets Equity ETF by 176.4% during the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after purchasing an additional 1,679,145 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of Schwab Emerging Markets Equity ETF during the third quarter worth $15,165,000.

Schwab Emerging Markets Equity ETF Stock Up 1.8%

SCHE opened at $33.51 on Tuesday. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $36.00. The business has a fifty day simple moving average of $34.52 and a 200-day simple moving average of $33.63. The firm has a market cap of $11.73 billion, a P/E ratio of 15.58 and a beta of 0.54.

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. 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.