Cassaday & Co Wealth Management LLC Makes New Investment in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Cassaday & Co Wealth Management LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 15,373 shares of the company’s stock, valued at approximately $409,000.

Several other hedge funds have also made changes to their positions in SCHE. HighTower Advisors LLC increased its stake in Schwab Emerging Markets Equity ETF by 7.5% in the third quarter. HighTower Advisors LLC now owns 7,807,789 shares of the company’s stock valued at $227,785,000 after purchasing an additional 544,339 shares during the last quarter. US Bancorp DE grew its holdings in Schwab Emerging Markets Equity ETF by 12,168.2% in the 3rd quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock valued at $111,255,000 after buying an additional 3,781,621 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 2.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock valued at $69,319,000 after acquiring an additional 60,980 shares during the last quarter. Orgel Wealth Management LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 4.9% during the 4th 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 period. Finally, FMR LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 6.7% in the third quarter. FMR LLC now owns 1,552,161 shares of the company’s stock worth $45,292,000 after acquiring an additional 97,458 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Schwab Emerging Markets Equity ETF stock opened at $28.19 on Friday. Schwab Emerging Markets Equity ETF has a 1 year low of $24.60 and a 1 year high of $30.25. The firm has a 50 day moving average price of $26.98 and a 200 day moving average price of $27.60. The company has a market cap of $9.49 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83.

Schwab Emerging Markets Equity ETF 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.