Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sets New 1-Year High at $26.21

Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $26.21 and last traded at $26.19, with a volume of 1897428 shares changing hands. The stock had previously closed at $25.50.

Schwab Emerging Markets Equity ETF Price Performance

The business’s 50 day simple moving average is $25.23 and its 200-day simple moving average is $24.54. The stock has a market capitalization of $8.87 billion, a P/E ratio of 11.89 and a beta of 0.81.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 522.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock valued at $26,000 after acquiring an additional 904 shares in the last quarter. Johnson Financial Group Inc. lifted its position in Schwab Emerging Markets Equity ETF by 255.6% in the 4th quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock valued at $26,000 after acquiring an additional 754 shares in the last quarter. Gradient Investments LLC lifted its position in Schwab Emerging Markets Equity ETF by 112.1% in the 1st quarter. Gradient Investments LLC now owns 1,266 shares of the company’s stock valued at $32,000 after acquiring an additional 669 shares in the last quarter. Sage Mountain Advisors LLC bought a new stake in Schwab Emerging Markets Equity ETF in the 1st quarter valued at $38,000. Finally, Sound Income Strategies LLC bought a new stake in Schwab Emerging Markets Equity ETF in the 4th quarter valued at $46,000.

Schwab Emerging Markets Equity ETF Company 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.