Foundations Investment Advisors LLC Takes Position in Schwab Emerging Markets Equity ETF $SCHE

Foundations Investment Advisors LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,778 shares of the company’s stock, valued at approximately $527,000.

A number of other hedge funds have also bought and sold shares of SCHE. PFS Partners LLC bought a new stake in Schwab Emerging Markets Equity ETF during the third quarter valued at $25,000. Morton Brown Family Wealth LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after purchasing an additional 490 shares during the period. Manning & Napier Advisors LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $35,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $32,000. Finally, Kiker Wealth Management LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $36,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE stock opened at $34.59 on Tuesday. The company has a market cap of $12.11 billion, a P/E ratio of 15.58 and a beta of 0.54. The stock has a 50 day simple moving average of $33.50 and a two-hundred day simple moving average of $32.89. Schwab Emerging Markets Equity ETF has a fifty-two week low of $24.11 and a fifty-two week high of $35.47.

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. 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.