Jacobs Equity LLC Invests $4.04 Million in Schwab Emerging Markets Equity ETF $SCHE

Jacobs Equity LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, HoldingsChannel reports. The fund acquired 123,361 shares of the company’s stock, valued at approximately $4,040,000. Schwab Emerging Markets Equity ETF makes up approximately 3.9% of Jacobs Equity LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds also recently made changes to their positions in SCHE. Lodestone Wealth Management LLC purchased a new stake in Schwab Emerging Markets Equity ETF in the 4th quarter worth approximately $28,000. Financial Consulate Inc. lifted its holdings in Schwab Emerging Markets Equity ETF by 222.7% during the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after purchasing an additional 599 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 2,042.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock valued at $32,000 after purchasing an additional 919 shares in the last quarter. Frazier Financial Advisors LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 4,460.7% during the fourth quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock valued at $42,000 after purchasing an additional 1,249 shares in the last quarter. Finally, Spire Wealth Management boosted its position in shares of Schwab Emerging Markets Equity ETF by 285.7% in the fourth quarter. Spire Wealth Management now owns 1,404 shares of the company’s stock worth $46,000 after purchasing an additional 1,040 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $36.88 on Friday. The firm has a fifty day moving average price of $35.88 and a 200-day moving average price of $34.49. The stock has a market cap of $12.87 billion, a PE ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 1 year low of $28.97 and a 1 year high of $37.26.

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. 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.