Sheets Smith Wealth Management Boosts Stock Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Sheets Smith Wealth Management grew its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1,136.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 185,580 shares of the company’s stock after purchasing an additional 170,575 shares during the quarter. Sheets Smith Wealth Management’s holdings in Schwab Emerging Markets Equity ETF were worth $4,601,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Charles Schwab Investment Advisory Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 2.0% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after purchasing an additional 1,616,463 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab Emerging Markets Equity ETF by 9.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after buying an additional 1,017,299 shares during the period. Cerity Partners LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 2,551.5% in the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after buying an additional 9,372,497 shares during the period. HighTower Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 6.7% in the third quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock valued at $118,251,000 after buying an additional 309,641 shares during the period. Finally, SageView Advisory Group LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 6.5% in the third 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 during the period.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE traded up $0.19 during mid-day trading on Friday, hitting $26.35. The stock had a trading volume of 851,562 shares, compared to its average volume of 1,262,503. The firm has a market cap of $8.87 billion, a P/E ratio of 11.89 and a beta of 0.81. The business has a fifty day moving average price of $25.23 and a 200-day moving average price of $24.55. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $26.37.

About Schwab Emerging Markets Equity ETF

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.