MeadowBrook Investment Advisors LLC Invests $78,000 in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

MeadowBrook Investment Advisors LLC bought a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,130 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors have also modified their holdings of SCHE. EverSource Wealth Advisors LLC raised its position in shares of 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 worth $26,000 after acquiring an additional 904 shares in the last quarter. BKM Wealth Management LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 4th quarter valued at $46,000. Sound Income Strategies LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter worth $46,000. Friedenthal Financial purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter worth $54,000. Finally, Life Planning Partners Inc acquired a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $61,000.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE traded down $0.03 during trading on Monday, hitting $26.32. The company’s stock had a trading volume of 1,294,041 shares, compared to its average volume of 1,262,865. Schwab Emerging Markets Equity ETF has a fifty-two week low of $22.88 and a fifty-two week high of $26.37. The company has a market cap of $8.86 billion, a PE ratio of 11.89 and a beta of 0.81. The business’s 50 day simple moving average is $25.23 and its 200-day simple moving average is $24.55.

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.