Schwab Emerging Markets Equity ETF $SCHE Shares Bought by L2 Asset Management LLC

L2 Asset Management LLC boosted its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 57.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 204,827 shares of the company’s stock after acquiring an additional 75,068 shares during the quarter. L2 Asset Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $6,708,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Apella Capital LLC acquired a new position in Schwab Emerging Markets Equity ETF during the fourth quarter worth approximately $544,000. WorthPointe LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 115.0% in the fourth quarter. WorthPointe LLC now owns 27,875 shares of the company’s stock valued at $913,000 after purchasing an additional 14,910 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 1,418,649 shares of the company’s stock valued at $47,340,000 after purchasing an additional 160,961 shares during the period. BlueSky Wealth Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 1.9% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,186,483 shares of the company’s stock valued at $38,857,000 after purchasing an additional 22,243 shares during the period. Finally, Mountain Capital Investment Advisors Inc. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 11.5% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 849,835 shares of the company’s stock valued at $29,421,000 after purchasing an additional 87,320 shares during the period.

Schwab Emerging Markets Equity ETF Trading Up 2.2%

NYSEARCA:SCHE opened at $36.98 on Tuesday. The firm has a market cap of $12.90 billion, a P/E ratio of 15.58 and a beta of 0.58. The stock’s 50 day simple moving average is $35.66 and its 200-day simple moving average is $34.43. Schwab Emerging Markets Equity ETF has a 12-month low of $28.97 and a 12-month high of $37.26.

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.