Econ Financial Services Corp Acquires New Holdings in Schwab Emerging Markets Equity ETF $SCHE

Econ Financial Services Corp acquired a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the first quarter, Holdings Channel reports. The fund acquired 51,657 shares of the company’s stock, valued at approximately $1,702,000.

Other hedge funds also recently bought and sold shares of the company. Granite Islands Private Wealth LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 5.6% during the first quarter. Granite Islands Private Wealth LLC now owns 14,953 shares of the company’s stock worth $493,000 after buying an additional 795 shares during the period. Unique Wealth LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 8.6% in the 1st quarter. Unique Wealth LLC now owns 8,153 shares of the company’s stock valued at $269,000 after acquiring an additional 647 shares during the period. Falcon Wealth Planning increased its holdings in shares of Schwab Emerging Markets Equity ETF by 8.0% in the 1st quarter. Falcon Wealth Planning now owns 21,496 shares of the company’s stock valued at $708,000 after acquiring an additional 1,599 shares during the period. Payne Capital LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 35.6% in the 1st quarter. Payne Capital LLC now owns 60,176 shares of the company’s stock worth $1,983,000 after acquiring an additional 15,784 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the 1st quarter worth $646,000.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $35.53 on Friday. The stock has a market capitalization of $12.40 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 1-year low of $29.92 and a 1-year high of $37.40. The business has a fifty day moving average price of $36.04 and a 200 day moving average price of $34.60.

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.