RKL Wealth Management LLC Makes New Investment in Schwab Emerging Markets Equity ETF $SCHE

RKL Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 3rd quarter, Holdings Channel reports. The firm bought 116,542 shares of the company’s stock, valued at approximately $4,248,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHE. Orgel Wealth Management LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 3.4% in the third quarter. Orgel Wealth Management LLC now owns 2,274,253 shares of the company’s stock valued at $82,897,000 after buying an additional 75,668 shares during the last quarter. Mather Group LLC. acquired a new position in Schwab Emerging Markets Equity ETF during the 3rd quarter worth about $78,226,000. Sanctuary Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 1.9% during the 1st quarter. Sanctuary Advisors LLC now owns 1,909,261 shares of the company’s stock worth $62,910,000 after buying an additional 36,013 shares in the last quarter. Krilogy Financial LLC lifted its position in Schwab Emerging Markets Equity ETF by 0.9% during the 3rd quarter. Krilogy Financial LLC now owns 1,753,085 shares of the company’s stock worth $64,356,000 after buying an additional 15,235 shares in the last quarter. Finally, Charles Schwab Trust Co grew its holdings in Schwab Emerging Markets Equity ETF by 1.9% during the 3rd quarter. Charles Schwab Trust Co now owns 1,682,888 shares of the company’s stock worth $61,341,000 after acquiring an additional 30,969 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 1.2%

NYSEARCA:SCHE traded down $0.44 during mid-day trading on Friday, reaching $35.70. 2,903,090 shares of the company were exchanged, compared to its average volume of 2,824,443. Schwab Emerging Markets Equity ETF has a 12 month low of $31.75 and a 12 month high of $37.64. The company has a fifty day moving average of $36.84 and a 200 day moving average of $36.10. The stock has a market cap of $12.52 billion, a PE ratio of 15.58 and a beta of 0.59.

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. 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.