Power Wealth Management LLC Takes Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Power Wealth Management LLC acquired a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,649 shares of the company’s stock, valued at approximately $462,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. lifted its stake in shares of Schwab Emerging Markets Equity ETF by 2.0% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after purchasing an additional 1,616,463 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Schwab Emerging Markets Equity ETF by 9.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after buying an additional 1,017,299 shares during the last quarter. Cerity Partners LLC boosted its stake in Schwab Emerging Markets Equity ETF by 2,551.5% during the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock worth $241,450,000 after buying an additional 9,372,497 shares during the period. HighTower Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 6.7% during the third quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock valued at $118,251,000 after acquiring an additional 309,641 shares during the last quarter. Finally, SageView Advisory Group LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 6.5% during the third quarter. SageView Advisory Group LLC now owns 2,565,366 shares of the company’s stock valued at $61,415,000 after acquiring an additional 157,346 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE stock traded up $0.19 on Friday, hitting $26.35. The stock had a trading volume of 851,562 shares, compared to its average volume of 1,262,503. The company’s 50 day moving average price is $25.23 and its 200-day moving average price is $24.54. Schwab Emerging Markets Equity ETF has a 1 year low of $22.88 and a 1 year high of $26.37. The firm has a market capitalization of $8.87 billion, a P/E ratio of 11.89 and a beta of 0.81.

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.