Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sets New 12-Month High – Here’s What Happened

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $34.56 and last traded at $34.5750, with a volume of 544534 shares. The stock had previously closed at $34.22.

Schwab Emerging Markets Equity ETF Stock Performance

The business has a fifty day simple moving average of $33.26 and a 200 day simple moving average of $32.63. The stock has a market capitalization of $12.11 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Hedge funds have recently bought and sold shares of the business. PFS Partners LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the 3rd quarter worth about $25,000. Lodestone Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the fourth quarter worth approximately $28,000. Financial Consulate Inc. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 222.7% during the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock worth $28,000 after purchasing an additional 599 shares during the period. Morton Brown Family Wealth LLC boosted 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 during the period. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at approximately $32,000.

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.