Gambit Capital Management LLC Takes Position in Schwab Emerging Markets Equity ETF $SCHE

Gambit Capital Management LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 16,283 shares of the company’s stock, valued at approximately $533,000.

Other hedge funds have also recently made changes to their positions in the company. Brandywine Oak Private Wealth LLC increased its stake in Schwab Emerging Markets Equity ETF by 0.3% in the third quarter. Brandywine Oak Private Wealth LLC now owns 110,557 shares of the company’s stock valued at $3,689,000 after purchasing an additional 321 shares in the last quarter. Sigma Investment Counselors Inc. grew its stake in Schwab Emerging Markets Equity ETF by 3.1% in the fourth quarter. Sigma Investment Counselors Inc. now owns 10,668 shares of the company’s stock valued at $349,000 after acquiring an additional 324 shares during the period. Mutual Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 0.4% during the fourth quarter. Mutual Advisors LLC now owns 82,130 shares of the company’s stock valued at $2,690,000 after acquiring an additional 347 shares in the last quarter. Fortis Capital Advisors LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.2% in the 4th quarter. Fortis Capital Advisors LLC now owns 30,252 shares of the company’s stock worth $991,000 after purchasing an additional 357 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.6% in the 2nd quarter. Brown Advisory Inc. now owns 23,038 shares of the company’s stock worth $694,000 after purchasing an additional 358 shares in the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.1%

Shares of SCHE stock opened at $35.49 on Tuesday. The firm has a fifty day simple moving average of $34.42 and a two-hundred day simple moving average of $34.09. Schwab Emerging Markets Equity ETF has a 12 month low of $28.48 and a 12 month high of $37.06. The firm 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 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.