Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Purchased by Wedmont Private Capital

Wedmont Private Capital raised its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.7% during the first quarter, HoldingsChannel reports. The fund owned 277,518 shares of the company’s stock after acquiring an additional 7,216 shares during the quarter. Wedmont Private Capital’s holdings in Schwab Emerging Markets Equity ETF were worth $7,315,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Northern Trust Corp increased its stake in Schwab Emerging Markets Equity ETF by 27.1% during the fourth quarter. Northern Trust Corp now owns 27,692 shares of the company’s stock valued at $737,000 after purchasing an additional 5,911 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 107.0% in the 4th quarter. Bank of America Corp DE now owns 428,059 shares of the company’s stock valued at $11,399,000 after buying an additional 221,308 shares during the period. Sei Investments Co. grew its position in shares of Schwab Emerging Markets Equity ETF by 26.5% during the 4th quarter. Sei Investments Co. now owns 21,142 shares of the company’s stock valued at $563,000 after buying an additional 4,434 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Schwab Emerging Markets Equity ETF by 40.2% during the fourth quarter. Ameriprise Financial Inc. now owns 143,213 shares of the company’s stock worth $3,811,000 after acquiring an additional 41,092 shares during the period. Finally, Assetmark Inc. raised its stake in Schwab Emerging Markets Equity ETF by 377.7% during the fourth quarter. Assetmark Inc. now owns 1,113 shares of the company’s stock worth $30,000 after acquiring an additional 880 shares during the period.

Schwab Emerging Markets Equity ETF Stock Up 0.5%

Shares of SCHE stock opened at $29.40 on Friday. The business has a 50 day moving average of $27.76 and a two-hundred day moving average of $27.52. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $30.25. The company has a market cap of $10.01 billion, a P/E ratio of 15.17 and a beta of 0.54.

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.