Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sets New 12-Month High at $26.21

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) reached a new 52-week high on Thursday . The stock traded as high as $26.21 and last traded at $26.19, with a volume of 1897428 shares changing hands. The stock had previously closed at $25.50.

Schwab Emerging Markets Equity ETF Trading Up 2.6 %

The company has a market cap of $8.81 billion, a P/E ratio of 11.89 and a beta of 0.81. The business’s 50 day simple moving average is $25.18 and its 200 day simple moving average is $24.51.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Schwab Emerging Markets Equity ETF by 3.5% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 83,921,481 shares of the company’s stock worth $2,080,414,000 after acquiring an additional 2,852,632 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Schwab Emerging Markets Equity ETF by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,997,215 shares of the company’s stock valued at $297,411,000 after purchasing an additional 750,511 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 2,551.5% in the 4th quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock worth $241,450,000 after buying an additional 9,372,497 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock worth $118,251,000 after buying an additional 309,641 shares during the last quarter. Finally, SageView Advisory Group LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 6.5% during the 3rd quarter. SageView Advisory Group LLC now owns 2,565,366 shares of the company’s stock valued at $61,415,000 after buying an additional 157,346 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.