L2 Asset Management LLC Increases Stock Holdings in Schwab Emerging Markets Equity ETF $SCHE

L2 Asset Management LLC grew its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 57.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 204,827 shares of the company’s stock after buying an additional 75,068 shares during the quarter. L2 Asset Management LLC owned 0.06% of Schwab Emerging Markets Equity ETF worth $6,708,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. US Bancorp DE raised 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 acquiring an additional 3,065,021 shares in the last quarter. Corient Private Wealth LLC raised its position 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 worth $79,305,000 after acquiring an additional 1,679,145 shares in the last quarter. Fund Evaluation Group LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 44.8% during the 4th quarter. Fund Evaluation Group LLC now owns 1,269,800 shares of the company’s stock worth $41,586,000 after acquiring an additional 393,094 shares in the last quarter. DRW Securities LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 2,086.0% during the 4th quarter. DRW Securities LLC now owns 411,908 shares of the company’s stock worth $13,490,000 after acquiring an additional 393,065 shares in the last quarter. Finally, Droms Strauss Advisors Inc. MO ADV raised its position in shares of Schwab Emerging Markets Equity ETF by 664.3% during the 4th quarter. Droms Strauss Advisors Inc. MO ADV now owns 447,679 shares of the company’s stock worth $14,661,000 after acquiring an additional 389,106 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE opened at $36.98 on Tuesday. Schwab Emerging Markets Equity ETF has a fifty-two week low of $28.97 and a fifty-two week high of $37.26. The firm has a market capitalization of $12.90 billion, a PE ratio of 15.58 and a beta of 0.58. The stock’s 50-day simple moving average is $35.66 and its 200-day simple moving average is $34.43.

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.