Merit Financial Group LLC Takes $640,000 Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Merit Financial Group LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the first quarter, Holdings Channel reports. The fund acquired 23,209 shares of the company’s stock, valued at approximately $640,000.

A number of other large investors have also recently added to or reduced their stakes in SCHE. Brighton Jones LLC boosted its stake in Schwab Emerging Markets Equity ETF by 32.7% during the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock valued at $1,209,000 after acquiring an additional 11,195 shares during the last quarter. White & Co Financial Planning Inc bought a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at $3,559,000. Choreo LLC boosted its stake in Schwab Emerging Markets Equity ETF by 24.2% during the 4th quarter. Choreo LLC now owns 13,120 shares of the company’s stock valued at $350,000 after acquiring an additional 2,559 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in Schwab Emerging Markets Equity ETF by 56.7% during the 4th quarter. Apollon Wealth Management LLC now owns 103,366 shares of the company’s stock valued at $2,753,000 after acquiring an additional 37,404 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its stake in Schwab Emerging Markets Equity ETF by 37.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 10,309 shares of the company’s stock valued at $275,000 after acquiring an additional 2,816 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE opened at $29.60 on Tuesday. Schwab Emerging Markets Equity ETF has a 12 month low of $24.11 and a 12 month high of $30.25. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 15.17 and a beta of 0.54. The company’s fifty day moving average price is $27.80 and its two-hundred day moving average price is $27.54.

About Schwab Emerging Markets Equity ETF

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.