Meridian Wealth Management LLC Makes New $479,000 Investment in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Meridian Wealth Management LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,418 shares of the company’s stock, valued at approximately $479,000.

Several other large investors also recently bought and sold shares of SCHE. US Bancorp DE increased its holdings in Schwab Emerging Markets Equity ETF by 12,168.2% during the 3rd quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock worth $111,255,000 after purchasing an additional 3,781,621 shares during the period. Jane Street Group LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 5,410.5% in the 1st quarter. Jane Street Group LLC now owns 2,769,692 shares of the company’s stock valued at $69,935,000 after acquiring an additional 2,719,430 shares during the last quarter. BlueSky Wealth Advisors LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter valued at about $28,815,000. Peninsula Wealth LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF in the 1st quarter valued at about $12,756,000. Finally, Pure Portfolios Holdings LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $13,779,000.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $27.60 on Monday. Schwab Emerging Markets Equity ETF has a one year low of $23.33 and a one year high of $30.25. The company has a market cap of $9.29 billion, a P/E ratio of 12.56 and a beta of 0.83. The business’s 50-day simple moving average is $28.58 and its 200-day simple moving average is $27.37.

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.