Principal Financial Group Inc. Takes $1.47 Million Position in Schwab Emerging Markets Equity ETF $SCHE

Principal Financial Group Inc. bought a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 44,627 shares of the company’s stock, valued at approximately $1,470,000.

Other institutional investors have also modified their holdings of the company. Apella Capital LLC bought a new position in Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $544,000. WorthPointe LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 115.0% in the 4th quarter. WorthPointe LLC now owns 27,875 shares of the company’s stock valued at $913,000 after buying an additional 14,910 shares during the last quarter. Gemmer Asset Management LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 25.6% in the fourth quarter. Gemmer Asset Management LLC now owns 350,116 shares of the company’s stock valued at $11,466,000 after buying an additional 71,360 shares in the last quarter. Mountain Capital Investment Advisors Inc. increased its holdings in Schwab Emerging Markets Equity ETF by 11.5% during the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 849,835 shares of the company’s stock worth $29,421,000 after buying an additional 87,320 shares during the last quarter. Finally, BlueSky Wealth Advisors LLC increased its holdings in Schwab Emerging Markets Equity ETF by 1.9% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,186,483 shares of the company’s stock worth $38,857,000 after buying an additional 22,243 shares during the last quarter.

Schwab Emerging Markets Equity ETF Trading Up 2.4%

NYSEARCA SCHE opened at $35.72 on Friday. The firm has a market capitalization of $12.47 billion, a P/E ratio of 15.58 and a beta of 0.58. The firm’s fifty day moving average price is $36.04 and its two-hundred day moving average price is $35.11. Schwab Emerging Markets Equity ETF has a 1 year low of $30.20 and a 1 year high of $37.40.

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.