Golden State Wealth Management LLC Acquires New Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Golden State Wealth Management LLC bought a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the fourth quarter, Holdings Channel.com reports. The fund bought 24,500 shares of the company’s stock, valued at approximately $652,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in shares of Schwab Emerging Markets Equity ETF in the 4th quarter worth $29,000. Strategic Investment Solutions Inc. IL grew its holdings in Schwab Emerging Markets Equity ETF by 112.3% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock worth $35,000 after acquiring an additional 630 shares during the period. Joseph Group Capital Management bought a new stake in Schwab Emerging Markets Equity ETF in the third quarter worth about $36,000. First Personal Financial Services acquired a new stake in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $48,000. Finally, Sound Income Strategies LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 525.9% during the 4th quarter. Sound Income Strategies LLC now owns 2,992 shares of the company’s stock valued at $80,000 after purchasing an additional 2,514 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE opened at $27.27 on Friday. The firm’s 50 day moving average is $27.06 and its 200-day moving average is $27.51. Schwab Emerging Markets Equity ETF has a 12-month low of $24.02 and a 12-month high of $30.25. The stock has a market capitalization of $9.18 billion, a P/E ratio of 12.56 and a beta of 0.83.

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.