Newton One Investments LLC Purchases New Holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Newton One Investments LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, Holdings Channel reports. The firm purchased 4,859 shares of the company’s stock, valued at approximately $129,000.

A number of other hedge funds have also recently added to or reduced their stakes in SCHE. Blue Trust Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 323.5% in the 3rd quarter. Blue Trust Inc. now owns 3,113 shares of the company’s stock valued at $83,000 after purchasing an additional 2,378 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Schwab Emerging Markets Equity ETF by 321.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock valued at $15,374,000 after acquiring an additional 401,943 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 33.7% in the 4th quarter. Park Avenue Securities LLC now owns 13,927 shares of the company’s stock valued at $371,000 after acquiring an additional 3,509 shares during the last quarter. McKinley Carter Wealth Services Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 6.4% during the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 12,855 shares of the company’s stock valued at $375,000 after acquiring an additional 768 shares in the last quarter. Finally, FIDELIS iM LLC grew its position in Schwab Emerging Markets Equity ETF by 2.8% during the 3rd quarter. FIDELIS iM LLC now owns 119,477 shares of the company’s stock worth $3,486,000 after acquiring an additional 3,289 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Schwab Emerging Markets Equity ETF stock opened at $26.77 on Tuesday. The business has a 50 day moving average of $27.09 and a 200-day moving average of $27.51. The company has a market capitalization of $9.01 billion, a P/E ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1 year low of $23.77 and a 1 year 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.