Droms Strauss Advisors Inc. MO ADV Purchases New Holdings in Schwab Emerging Markets Equity ETF $SCHE

Droms Strauss Advisors Inc. MO ADV purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 426,420 shares of the company’s stock, valued at approximately $15,543,000. Schwab Emerging Markets Equity ETF makes up 3.6% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in SCHE. Bullock Wealth Management Group lifted its position in shares of Schwab Emerging Markets Equity ETF by 1.4% during the 3rd quarter. Bullock Wealth Management Group now owns 20,912 shares of the company’s stock valued at $758,000 after acquiring an additional 297 shares during the period. ACT Wealth Management LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 1.9% in the second quarter. ACT Wealth Management LLC now owns 16,953 shares of the company’s stock worth $615,000 after purchasing an additional 308 shares during the period. Cooke Wealth Management LLC raised its stake in Schwab Emerging Markets Equity ETF by 2.7% in the second quarter. Cooke Wealth Management LLC now owns 12,828 shares of the company’s stock valued at $465,000 after purchasing an additional 340 shares in the last quarter. Tenret Co LLC raised its stake in Schwab Emerging Markets Equity ETF by 0.7% in the first quarter. Tenret Co LLC now owns 51,789 shares of the company’s stock valued at $1,706,000 after purchasing an additional 344 shares in the last quarter. Finally, Riversedge Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 4.3% during the third quarter. Riversedge Advisors LLC now owns 8,986 shares of the company’s stock worth $328,000 after purchasing an additional 373 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

SCHE traded up $0.63 on Friday, hitting $34.06. 4,256,471 shares of the stock were exchanged, compared to its average volume of 2,892,362. The firm has a market capitalization of $12.01 billion, a price-to-earnings ratio of 15.58 and a beta of 0.61. Schwab Emerging Markets Equity ETF has a 12 month low of $31.75 and a 12 month high of $37.64. The business has a 50-day moving average of $36.21 and a two-hundred day moving average of $35.58.

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.