Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Hits New 12-Month High – Here’s What Happened

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $37.42 and last traded at $37.41, with a volume of 34214 shares changing hands. The stock had previously closed at $37.27.

Schwab Emerging Markets Equity ETF Price Performance

The business’s 50 day moving average price is $36.26 and its 200 day moving average price is $35.43. The firm has a market cap of $13.03 billion, a PE ratio of 15.58 and a beta of 0.59.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Several institutional investors have recently bought and sold shares of SCHE. Timbuktu Capital Management LLC purchased a new stake in Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $25,000. Oak Harbor Wealth Partners LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 2,042.2% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock valued at $32,000 after acquiring an additional 919 shares in the last quarter. Frazier Financial Advisors LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 4,460.7% in the fourth quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock valued at $42,000 after acquiring an additional 1,249 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at approximately $43,000. Finally, Compass Financial Management LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the second quarter worth approximately $53,000.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.