Pine Valley Investments Ltd Liability Co Takes Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Pine Valley Investments Ltd Liability Co bought a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, HoldingsChannel reports. The firm bought 8,996 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. bought a new stake in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $244,000. Strategic Blueprint LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $624,000. Voisard Asset Management Group Inc. increased its stake in Schwab Emerging Markets Equity ETF by 376.4% in the third quarter. Voisard Asset Management Group Inc. now owns 35,261 shares of the company’s stock valued at $1,029,000 after acquiring an additional 27,860 shares during the period. Goldstone Financial Group LLC acquired a new position in Schwab Emerging Markets Equity ETF in the third quarter worth about $267,000. Finally, US Bancorp DE lifted its stake in Schwab Emerging Markets Equity ETF by 12,168.2% during the third quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock worth $111,255,000 after purchasing an additional 3,781,621 shares during the period.

Schwab Emerging Markets Equity ETF Trading Down 2.0 %

NYSEARCA SCHE opened at $27.49 on Friday. Schwab Emerging Markets Equity ETF has a 1-year low of $24.60 and a 1-year high of $30.25. The stock’s 50 day moving average is $27.05 and its two-hundred day moving average is $27.66. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of 14.57 and a beta of 0.64.

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.