Cabot Wealth Management Inc. Acquires 20,940 Shares of Schwab Emerging Markets Equity ETF $SCHE

Cabot Wealth Management Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 6.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 361,205 shares of the company’s stock after purchasing an additional 20,940 shares during the period. Schwab Emerging Markets Equity ETF accounts for about 1.3% of Cabot Wealth Management Inc.’s investment portfolio, making the stock its 25th largest holding. Cabot Wealth Management Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $11,829,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. HighTower Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 3.0% during the 3rd 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 in the last quarter. US Bancorp DE raised its holdings in shares of Schwab Emerging Markets Equity ETF by 0.5% during the 4th quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock valued at $214,299,000 after buying an additional 32,697 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of 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 buying an additional 1,679,145 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $74,621,000. Finally, Rebalance LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 4.5% during the 4th quarter. Rebalance LLC now owns 2,167,937 shares of the company’s stock valued at $71,000,000 after buying an additional 92,510 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 2.6%

Shares of NYSEARCA SCHE opened at $36.94 on Thursday. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 1-year low of $28.05 and a 1-year high of $36.95. The stock’s 50-day moving average is $34.18 and its 200 day moving average is $33.95.

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.