Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Hits New 52-Week High – What’s Next?

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $34.04 and last traded at $34.05, with a volume of 71976 shares trading hands. The stock had previously closed at $33.82.

Schwab Emerging Markets Equity ETF Trading Up 0.5%

The business has a fifty day moving average price of $32.75 and a two-hundred day moving average price of $30.50. The firm has a market capitalization of $11.59 billion, a PE ratio of 15.58 and a beta of 0.68.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. PFS Partners LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at approximately $25,000. Morton Brown Family Wealth LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 122.2% in the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after buying an additional 490 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the 2nd quarter valued at $32,000. Hoey Investments Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter worth about $33,000. Finally, Tradewinds Capital Management LLC lifted its stake in Schwab Emerging Markets Equity ETF by 74.8% during the 3rd quarter. Tradewinds Capital Management LLC now owns 1,098 shares of the company’s stock worth $37,000 after acquiring an additional 470 shares in the last quarter.

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.