Thrivent Financial for Lutherans Grows Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Thrivent Financial for Lutherans lifted its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 22.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 557,043 shares of the company’s stock after buying an additional 102,596 shares during the period. Thrivent Financial for Lutherans’ holdings in Schwab Emerging Markets Equity ETF were worth $18,254,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Schwab Emerging Markets Equity ETF by 32.7% in the fourth quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock worth $1,209,000 after acquiring an additional 11,195 shares during the period. AQR Capital Management LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 18.4% in the 1st quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock worth $388,000 after purchasing an additional 2,190 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Schwab Emerging Markets Equity ETF by 183.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,778 shares of the company’s stock worth $54,000 after purchasing an additional 1,150 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Schwab Emerging Markets Equity ETF by 5.7% in the 2nd quarter. Baird Financial Group Inc. now owns 24,826 shares of the company’s stock worth $748,000 after purchasing an additional 1,328 shares during the period. Finally, Marshall Wace LLP bought a new position in Schwab Emerging Markets Equity ETF in the 2nd quarter worth $393,000.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA SCHE opened at $35.49 on Tuesday. The business’s fifty day moving average is $34.42 and its 200 day moving average is $34.09. Schwab Emerging Markets Equity ETF has a fifty-two week low of $28.48 and a fifty-two week high of $37.06. The company has a market capitalization of $12.38 billion, a PE ratio of 15.58 and a beta of 0.58.

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. 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.