Mountain Capital Investment Advisors Inc. Boosts Stock Position in Schwab Emerging Markets Equity ETF $SCHE

Mountain Capital Investment Advisors Inc. increased its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 11.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 849,835 shares of the company’s stock after purchasing an additional 87,320 shares during the period. Schwab Emerging Markets Equity ETF makes up about 4.8% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 7th biggest position. Mountain Capital Investment Advisors Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $29,421,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. PFS Partners LLC purchased a new stake in Schwab Emerging Markets Equity ETF in the third quarter worth about $25,000. Lodestone Wealth Management LLC purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $28,000. Financial Consulate Inc. increased its position in Schwab Emerging Markets Equity ETF by 222.7% during the 4th quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after purchasing an additional 599 shares during the period. Morton Brown Family Wealth LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after purchasing an additional 490 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $35,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE opened at $35.20 on Friday. The company has a 50 day moving average price of $34.10 and a 200-day moving average price of $33.83. Schwab Emerging Markets Equity ETF has a fifty-two week low of $27.26 and a fifty-two week high of $36.25. The stock has a market capitalization of $12.28 billion, a PE ratio of 15.58 and a beta of 0.56.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.