Sequoia Financial Advisors LLC Raises Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Sequoia Financial Advisors LLC grew its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 8.7% during the 1st quarter, Holdings Channel reports. The fund owned 200,041 shares of the company’s stock after buying an additional 16,076 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $5,515,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 7.2% in the fourth quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock valued at $222,815,000 after purchasing an additional 559,276 shares during the period. SageView Advisory Group LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 22.3% in the fourth quarter. SageView Advisory Group LLC now owns 3,477,774 shares of the company’s stock valued at $92,613,000 after purchasing an additional 634,282 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 1.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,343,233 shares of the company’s stock valued at $62,400,000 after purchasing an additional 28,661 shares during the period. Rebalance LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 0.4% in the first quarter. Rebalance LLC now owns 2,122,048 shares of the company’s stock valued at $58,505,000 after purchasing an additional 8,151 shares during the period. Finally, Orgel Wealth Management LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 4.5% in the first quarter. Orgel Wealth Management LLC now owns 1,869,724 shares of the company’s stock valued at $51,548,000 after purchasing an additional 79,855 shares during the period.

Schwab Emerging Markets Equity ETF Stock Down 0.2%

Shares of NYSEARCA SCHE opened at $30.11 on Friday. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $30.25. The firm has a 50-day moving average price of $28.85 and a 200 day moving average price of $27.71. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 14.97 and a beta of 0.68.

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.