Modera Wealth Management LLC Makes New Investment in Schwab Emerging Markets Equity ETF $SCHE

Modera Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 39,373 shares of the company’s stock, valued at approximately $1,435,000.

A number of other institutional investors also recently bought and sold shares of SCHE. Timbuktu Capital Management LLC acquired a new position in Schwab Emerging Markets Equity ETF in the second quarter valued at $25,000. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth about $34,000. Davis Capital Management grew its holdings in shares of Schwab Emerging Markets Equity ETF by 321.5% during the third quarter. Davis Capital Management now owns 999 shares of the company’s stock worth $36,000 after buying an additional 762 shares during the last quarter. GK Wealth Management LLC purchased a new position in shares of Schwab Emerging Markets Equity ETF during the third quarter worth about $40,000. Finally, Tompkins Financial Corp purchased a new position in shares of Schwab Emerging Markets Equity ETF during the third quarter worth about $52,000.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE stock opened at $34.16 on Monday. The stock has a market capitalization of $12.04 billion, a PE ratio of 15.58 and a beta of 0.59. Schwab Emerging Markets Equity ETF has a 52-week low of $31.75 and a 52-week high of $37.64. The stock’s 50-day moving average price is $36.49 and its 200 day moving average price is $35.58.

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.