Moneta Group Investment Advisors LLC Raises Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Moneta Group Investment Advisors LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.2% during the 3rd quarter, Holdings Channel reports. The firm owned 1,843,037 shares of the company’s stock after buying an additional 74,487 shares during the period. Moneta Group Investment Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $61,502,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SCHE. PFS Partners LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at approximately $25,000. Morton Brown Family Wealth LLC increased its stake in Schwab Emerging Markets Equity ETF by 122.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after buying an additional 490 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $35,000. Pin Oak Investment Advisors Inc. acquired a new stake in Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $32,000. Finally, Kiker Wealth Management LLC purchased a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at approximately $36,000.

Schwab Emerging Markets Equity ETF Stock Up 1.8%

Shares of SCHE stock opened at $33.51 on Tuesday. The firm has a 50 day moving average of $34.52 and a two-hundred day moving average of $33.63. The stock has a market capitalization of $11.73 billion, a PE ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $36.00.

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. 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.