Fonville Wealth Management LLC Makes New Investment in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Fonville Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 25,146 shares of the company’s stock, valued at approximately $623,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHE. RVW Wealth LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF during the third quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 522.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock worth $26,000 after acquiring an additional 904 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Schwab Emerging Markets Equity ETF by 85.9% in the fourth quarter. Citigroup Inc. now owns 1,242 shares of the company’s stock worth $29,000 after acquiring an additional 574 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of Schwab Emerging Markets Equity ETF by 135.7% in the second quarter. SRS Capital Advisors Inc. now owns 1,188 shares of the company’s stock worth $29,000 after acquiring an additional 684 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Schwab Emerging Markets Equity ETF in the first quarter worth about $32,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:SCHE traded up $0.08 during trading on Thursday, hitting $24.78. The company’s stock had a trading volume of 857,085 shares, compared to its average volume of 1,280,362. Schwab Emerging Markets Equity ETF has a fifty-two week low of $22.88 and a fifty-two week high of $26.15. The stock’s 50-day moving average price is $25.04 and its two-hundred day moving average price is $24.41. The company has a market capitalization of $8.34 billion, a PE ratio of 11.72 and a beta of 0.80.

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.