Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 43.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,783 shares of the company’s stock after acquiring an additional 15,384 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,282,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. increased its stake in Schwab Emerging Markets Equity ETF by 255.6% during the fourth quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock worth $26,000 after acquiring an additional 754 shares during the last quarter. Gradient Investments LLC increased its stake in Schwab Emerging Markets Equity ETF by 112.1% during the first quarter. Gradient Investments LLC now owns 1,266 shares of the company’s stock worth $32,000 after acquiring an additional 669 shares during the last quarter. Sage Mountain Advisors LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the first quarter worth about $38,000. Friedenthal Financial acquired a new stake in Schwab Emerging Markets Equity ETF during the fourth quarter worth about $54,000. Finally, Life Planning Partners Inc acquired a new stake in Schwab Emerging Markets Equity ETF during the fourth quarter worth about $61,000.

Schwab Emerging Markets Equity ETF Stock Up 1.0 %

Shares of NYSEARCA SCHE traded up $0.25 on Friday, hitting $26.50. The company had a trading volume of 582,289 shares, compared to its average volume of 1,080,216. Schwab Emerging Markets Equity ETF has a 12-month low of $22.88 and a 12-month high of $27.78. The business has a 50 day moving average of $26.72 and a two-hundred day moving average of $25.60. The firm has a market capitalization of $8.92 billion, a P/E ratio of 12.56 and a beta of 0.83.

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.