Sollinda Capital Management LLC Invests $407,000 in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Sollinda Capital Management LLC acquired a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHEFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 16,419 shares of the company’s stock, valued at approximately $407,000.

A number of other hedge funds have also recently made changes to their positions in SCHE. Cerity Partners LLC boosted its stake in Schwab Emerging Markets Equity ETF by 2,551.5% during the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after buying an additional 9,372,497 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 3.5% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 83,921,481 shares of the company’s stock valued at $2,080,414,000 after buying an additional 2,852,632 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,997,215 shares of the company’s stock valued at $297,411,000 after buying an additional 750,511 shares during the last quarter. Alliance Wealth Management Group bought a new position in Schwab Emerging Markets Equity ETF during the fourth quarter valued at approximately $11,972,000. Finally, Steele Capital Management Inc. purchased a new stake in Schwab Emerging Markets Equity ETF during the fourth quarter valued at approximately $8,981,000.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE stock traded down $0.22 during midday trading on Friday, reaching $26.20. 847,334 shares of the company traded hands, compared to its average volume of 1,148,674. Schwab Emerging Markets Equity ETF has a 52-week low of $22.88 and a 52-week high of $27.23. The business has a 50 day moving average of $25.94 and a 200-day moving average of $25.01. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83.

Schwab Emerging Markets Equity ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SCHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHEFree Report).

Institutional Ownership by Quarter for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

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