HighTower Advisors LLC Has $227.79 Million Stock Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

HighTower Advisors LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 7.5% during the third quarter, Holdings Channel reports. The fund owned 7,807,789 shares of the company’s stock after acquiring an additional 544,339 shares during the period. HighTower Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $227,785,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHE. Strategic Investment Solutions Inc. IL lifted its stake in shares of Schwab Emerging Markets Equity ETF by 112.3% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock valued at $35,000 after acquiring an additional 630 shares during the period. Joseph Group Capital Management acquired a new position in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $36,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 359.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock valued at $38,000 after purchasing an additional 1,106 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $41,000. Finally, First Personal Financial Services bought a new stake in shares of Schwab Emerging Markets Equity ETF during the third quarter worth approximately $48,000.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $27.81 on Tuesday. The company’s 50 day simple moving average is $28.60 and its 200 day simple moving average is $27.43. Schwab Emerging Markets Equity ETF has a fifty-two week low of $23.33 and a fifty-two week high of $30.25. The firm has a market capitalization of $9.36 billion, a P/E ratio of 12.56 and a beta of 0.83.

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.