Valley National Advisers Inc. Boosts Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Valley National Advisers Inc. lifted its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 376,152 shares of the company’s stock after purchasing an additional 11,257 shares during the period. Schwab Emerging Markets Equity ETF comprises 1.4% of Valley National Advisers Inc.’s investment portfolio, making the stock its 14th biggest position. Valley National Advisers Inc. owned about 0.11% of Schwab Emerging Markets Equity ETF worth $9,496,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its position in shares of Schwab Emerging Markets Equity ETF by 33.5% in the third quarter. PNC Financial Services Group Inc. now owns 6,048 shares of the company’s stock valued at $145,000 after acquiring an additional 1,516 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 49.1% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,013 shares of the company’s stock valued at $120,000 after purchasing an additional 1,651 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Schwab Emerging Markets Equity ETF by 21,903.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 13,422 shares of the company’s stock worth $321,000 after purchasing an additional 13,361 shares during the last quarter. Lowe Brockenbrough & Co. Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 1.3% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 50,639 shares of the company’s stock worth $1,212,000 after buying an additional 630 shares in the last quarter. Finally, Rainsberger Wealth Advisors Inc. raised its position in shares of Schwab Emerging Markets Equity ETF by 2.6% in the third quarter. Rainsberger Wealth Advisors Inc. now owns 293,900 shares of the company’s stock valued at $7,036,000 after buying an additional 7,346 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:SCHE traded up $0.39 during midday trading on Wednesday, hitting $27.09. The company’s stock had a trading volume of 651,865 shares, compared to its average volume of 1,104,460. The company has a market cap of $9.12 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 12-month low of $22.88 and a 12-month high of $27.23. The business’s 50 day simple moving average is $26.44 and its 200 day simple moving average is $25.30.

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.