Summit Wealth & Retirement Planning Inc. Acquires 7,301 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Summit Wealth & Retirement Planning Inc. grew its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 532,476 shares of the company’s stock after acquiring an additional 7,301 shares during the period. Schwab Emerging Markets Equity ETF comprises approximately 4.4% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 8th largest position. Summit Wealth & Retirement Planning Inc. owned 0.16% of Schwab Emerging Markets Equity ETF worth $14,180,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC increased its holdings in Schwab Emerging Markets Equity ETF by 7.5% during the 3rd quarter. HighTower Advisors LLC now owns 7,807,789 shares of the company’s stock worth $227,785,000 after purchasing an additional 544,339 shares during the period. US Bancorp DE grew its position in shares of Schwab Emerging Markets Equity ETF by 12,168.2% during the third quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock worth $111,255,000 after buying an additional 3,781,621 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 2.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock worth $69,319,000 after buying an additional 60,980 shares during the period. Rebalance LLC raised its holdings in Schwab Emerging Markets Equity ETF by 5.2% in the third quarter. Rebalance LLC now owns 2,055,415 shares of the company’s stock valued at $59,977,000 after acquiring an additional 101,963 shares in the last quarter. Finally, Orgel Wealth Management LLC lifted its stake in Schwab Emerging Markets Equity ETF by 4.9% in the fourth quarter. Orgel Wealth Management LLC now owns 1,789,869 shares of the company’s stock worth $47,664,000 after acquiring an additional 83,348 shares during the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 0.1 %

Shares of NYSEARCA:SCHE opened at $27.27 on Friday. The company’s 50 day moving average is $27.05 and its two-hundred day moving average is $27.51. The company has a market cap of $9.18 billion, a PE ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 52 week low of $24.02 and a 52 week high of $30.25.

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.