Waverly Advisors LLC Increases Stake in Schwab Emerging Markets Equity ETF $SCHE

Waverly Advisors LLC raised its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 105.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,042,983 shares of the company’s stock after purchasing an additional 536,116 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $34,366,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Schwab Emerging Markets Equity ETF by 32.7% during the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock valued at $1,209,000 after buying an additional 11,195 shares during the last quarter. AQR Capital Management LLC boosted its position in Schwab Emerging Markets Equity ETF by 18.4% during the 1st quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock valued at $388,000 after buying an additional 2,190 shares during the period. Russell Investments Group Ltd. grew its holdings in Schwab Emerging Markets Equity ETF by 183.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,778 shares of the company’s stock worth $54,000 after acquiring an additional 1,150 shares during the last quarter. Baird Financial Group Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 5.7% in the 2nd quarter. Baird Financial Group Inc. now owns 24,826 shares of the company’s stock worth $748,000 after acquiring an additional 1,328 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at about $393,000.

Schwab Emerging Markets Equity ETF Trading Down 0.4%

SCHE stock opened at $35.39 on Friday. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. The firm’s 50-day moving average price is $36.04 and its two-hundred day moving average price is $35.06. Schwab Emerging Markets Equity ETF has a 12-month low of $30.20 and a 12-month high of $37.40.

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.