19,813 Shares in Schwab Emerging Markets Equity ETF $SCHE Acquired by Directional Asset Management

Directional Asset Management acquired a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,813 shares of the company’s stock, valued at approximately $649,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in Schwab Emerging Markets Equity ETF by 0.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 246,270 shares of the company’s stock worth $8,065,000 after buying an additional 2,038 shares during the last quarter. Arkansas Financial Group Inc. increased its holdings in Schwab Emerging Markets Equity ETF by 4.9% in the fourth quarter. Arkansas Financial Group Inc. now owns 225,694 shares of the company’s stock worth $7,391,000 after buying an additional 10,607 shares during the last quarter. Diversified Enterprises LLC increased its holdings in Schwab Emerging Markets Equity ETF by 12.9% in the fourth quarter. Diversified Enterprises LLC now owns 68,900 shares of the company’s stock worth $2,256,000 after buying an additional 7,846 shares during the last quarter. Mountain Capital Investment Advisors Inc. grew 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 valued at $29,421,000 after purchasing an additional 87,320 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in Schwab Emerging Markets Equity ETF by 4.9% during the fourth quarter. Chicago Partners Investment Group LLC now owns 32,449 shares of the company’s stock valued at $1,123,000 after purchasing an additional 1,511 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 1.3%

Shares of SCHE stock opened at $35.20 on Friday. Schwab Emerging Markets Equity ETF has a 12 month low of $27.26 and a 12 month high of $36.25. The business’s 50 day moving average is $34.10 and its two-hundred day moving average is $33.83. The company has a market cap of $12.28 billion, a PE ratio of 15.58 and a beta of 0.56.

Schwab Emerging Markets Equity ETF 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.