Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 28.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 720,550 shares of the company’s stock after buying an additional 158,442 shares during the quarter. Schwab Emerging Markets Equity ETF comprises about 0.6% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 17th biggest holding. HBK Sorce Advisory LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $19,188,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHE. Benjamin Edwards Inc. raised its position in Schwab Emerging Markets Equity ETF by 7,554.9% during the third quarter. Benjamin Edwards Inc. now owns 762,735 shares of the company’s stock worth $22,255,000 after acquiring an additional 752,771 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 7.2% in the fourth quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock valued at $222,815,000 after buying an additional 559,276 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Schwab Emerging Markets Equity ETF by 321.7% in the third quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock valued at $15,374,000 after buying an additional 401,943 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 130.6% in the third quarter. Sanctuary Advisors LLC now owns 679,738 shares of the company’s stock valued at $18,761,000 after buying an additional 385,002 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at approximately $10,572,000.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA:SCHE opened at $27.66 on Thursday. The firm has a 50 day simple moving average of $27.17 and a 200-day simple moving average of $27.70. The firm has a market cap of $9.42 billion, a PE ratio of 14.92 and a beta of 0.65. Schwab Emerging Markets Equity ETF has a 1-year low of $24.60 and a 1-year high of $30.25.

Schwab Emerging Markets Equity ETF 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.