Raymond James Financial Inc. Invests $5.10 Million in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Raymond James Financial Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, Holdings Channel reports. The institutional investor bought 191,525 shares of the company’s stock, valued at approximately $5,100,000.

Several other institutional investors and hedge funds have also bought and sold shares of SCHE. HighTower Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 7.5% during the third quarter. HighTower Advisors LLC now owns 7,807,789 shares of the company’s stock valued at $227,785,000 after purchasing an additional 544,339 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Schwab Emerging Markets Equity ETF by 2.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock valued at $69,319,000 after acquiring an additional 60,980 shares in the last quarter. Orgel Wealth Management LLC boosted its stake in Schwab Emerging Markets Equity ETF by 4.9% during the 4th quarter. Orgel Wealth Management LLC now owns 1,789,869 shares of the company’s stock valued at $47,664,000 after purchasing an additional 83,348 shares during the last quarter. FMR LLC increased its holdings in Schwab Emerging Markets Equity ETF by 6.7% during the 3rd quarter. FMR LLC now owns 1,552,161 shares of the company’s stock worth $45,292,000 after purchasing an additional 97,458 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 0.9% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 1,514,620 shares of the company’s stock worth $40,334,000 after purchasing an additional 13,316 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 0.3 %

Shares of NYSEARCA:SCHE opened at $28.08 on Wednesday. The business’s 50 day moving average is $27.49 and its 200 day moving average is $27.78. Schwab Emerging Markets Equity ETF has a 12-month low of $24.61 and a 12-month high of $30.25. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of 14.92 and a beta of 0.65.

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.