Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Reaches New 52-Week High at $27.79

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) hit a new 52-week high on Monday . The stock traded as high as $27.79 and last traded at $27.78, with a volume of 24068 shares changing hands. The stock had previously closed at $27.63.

Schwab Emerging Markets Equity ETF Stock Performance

The firm has a fifty day moving average price of $26.83 and a 200 day moving average price of $26.32. The company has a market cap of $9.39 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHE. Johnson Financial Group Inc. increased its position in Schwab Emerging Markets Equity ETF by 255.6% in the 4th quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock valued at $26,000 after buying an additional 754 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 359.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after purchasing an additional 1,106 shares during the period. Headlands Technologies LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter valued at $41,000. Abich Financial Wealth Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 4,912.9% in the first quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock valued at $39,000 after purchasing an additional 1,523 shares in the last quarter. Finally, Hollencrest Capital Management raised its position in shares of Schwab Emerging Markets Equity ETF by 314.9% in the second quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock worth $60,000 after buying an additional 1,716 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.