Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. increased its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 24.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 89,108 shares of the company’s stock after purchasing an additional 17,315 shares during the period. Valmark Advisers Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $2,209,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 522.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock worth $26,000 after acquiring an additional 904 shares in the last quarter. BKM Wealth Management LLC acquired a new position in Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $46,000. Sound Income Strategies LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $46,000. Friedenthal Financial acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $54,000. Finally, Life Planning Partners Inc acquired a new position in shares of Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $61,000.

Schwab Emerging Markets Equity ETF Stock Up 1.1 %

Shares of SCHE traded up $0.29 during trading on Friday, reaching $25.57. The company’s stock had a trading volume of 747,260 shares, compared to its average volume of 1,251,479. The company has a fifty day moving average of $25.13 and a two-hundred day moving average of $24.48. Schwab Emerging Markets Equity ETF has a twelve month low of $22.88 and a twelve month high of $26.15. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 11.72 and a beta of 0.80.

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.