Payne Capital LLC Grows Stake in Schwab Emerging Markets Equity ETF $SCHE

Payne Capital LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 35.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,176 shares of the company’s stock after acquiring an additional 15,784 shares during the quarter. Schwab Emerging Markets Equity ETF comprises about 1.8% of Payne Capital LLC’s investment portfolio, making the stock its 19th biggest position. Payne Capital LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Apella Capital LLC purchased a new stake in Schwab Emerging Markets Equity ETF during the 4th quarter valued at $544,000. WorthPointe LLC boosted its stake in Schwab Emerging Markets Equity ETF by 115.0% during the fourth quarter. WorthPointe LLC now owns 27,875 shares of the company’s stock worth $913,000 after buying an additional 14,910 shares during the period. JPMorgan Chase & Co. increased its position in Schwab Emerging Markets Equity ETF by 12.8% during the third quarter. JPMorgan Chase & Co. now owns 1,418,649 shares of the company’s stock valued at $47,340,000 after acquiring an additional 160,961 shares during the last quarter. Mountain Capital Investment Advisors Inc. increased its position in Schwab Emerging Markets Equity ETF by 11.5% during the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 849,835 shares of the company’s stock valued at $29,421,000 after acquiring an additional 87,320 shares during the last quarter. Finally, BlueSky Wealth Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 1.9% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,186,483 shares of the company’s stock valued at $38,857,000 after acquiring an additional 22,243 shares during the period.

Schwab Emerging Markets Equity ETF Trading Down 0.4%

Shares of SCHE opened at $35.65 on Friday. The company’s fifty day simple moving average is $36.04 and its 200-day simple moving average is $34.59. The company has a market cap of $12.44 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a twelve month low of $29.92 and a twelve month high of $37.40.

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.