Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Reaches New 1-Year High – Time to Buy?

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) reached a new 52-week high during trading on Monday . The company traded as high as $37.33 and last traded at $37.28, with a volume of 64419 shares traded. The stock had previously closed at $36.88.

Schwab Emerging Markets Equity ETF Stock Performance

The company has a 50-day simple moving average of $35.92 and a 200-day simple moving average of $34.52. The stock has a market cap of $13.00 billion, a P/E ratio of 15.58 and a beta of 0.58.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. US Bancorp DE raised its position in shares of Schwab Emerging Markets Equity ETF by 89.0% during the 3rd quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock valued at $217,265,000 after acquiring an additional 3,065,021 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 176.4% in the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after purchasing an additional 1,679,145 shares during the last quarter. 93 Financial Group LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter worth $21,134,000. Waverly Advisors LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 105.8% during the first quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock worth $34,366,000 after purchasing an additional 536,116 shares during the period. Finally, Fund Evaluation Group LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 44.8% during the fourth quarter. Fund Evaluation Group LLC now owns 1,269,800 shares of the company’s stock worth $41,586,000 after purchasing an additional 393,094 shares during the period.

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.