Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Reaches New 52-Week High – Time to Buy?

by · The Markets Daily

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE – Get Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $34.56 and last traded at $34.5750, with a volume of 544534 shares. The stock had previously closed at $34.22.

Schwab Emerging Markets Equity ETF Stock Performance

The company has a market capitalization of $12.11 billion, a P/E ratio of 15.58 and a beta of 0.54. The stock’s fifty day moving average price is $33.26 and its 200-day moving average price is $32.63.

Institutional Trading of Schwab Emerging Markets Equity ETF

Hedge funds have recently made changes to their positions in the business. PFS Partners LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth about $25,000. Lodestone Wealth Management LLC bought a new position in Schwab Emerging Markets Equity ETF in the 4th quarter valued at about $28,000. Financial Consulate Inc. lifted its position 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 acquiring an additional 599 shares during the last quarter. Morton Brown Family Wealth LLC lifted its position in Schwab Emerging Markets Equity ETF by 122.2% during the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth approximately $32,000.

Schwab Emerging Markets Equity ETF Company Profile

(Get Free Report)

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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