Ballast Advisors LLC Acquires 15,132 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Ballast Advisors LLC raised its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 278,751 shares of the company’s stock after buying an additional 15,132 shares during the quarter. Schwab Emerging Markets Equity ETF comprises approximately 2.3% of Ballast Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Ballast Advisors LLC owned 0.08% of Schwab Emerging Markets Equity ETF worth $7,423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHE. HighTower Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 7.2% during the 4th quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock worth $222,815,000 after buying an additional 559,276 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 2.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock worth $69,319,000 after acquiring an additional 60,980 shares during the period. Rebalance LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 2.8% in the fourth quarter. Rebalance LLC now owns 2,113,897 shares of the company’s stock valued at $56,293,000 after purchasing an additional 58,482 shares during the last quarter. Orgel Wealth Management LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 4.9% during the fourth quarter. Orgel Wealth Management LLC now owns 1,789,869 shares of the company’s stock worth $47,664,000 after purchasing an additional 83,348 shares during the period. Finally, FMR LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 6.7% during the 3rd quarter. FMR LLC now owns 1,552,161 shares of the company’s stock worth $45,292,000 after purchasing an additional 97,458 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $28.20 on Friday. The firm has a market cap of $9.60 billion, a price-to-earnings ratio of 14.92 and a beta of 0.65. The stock’s fifty day moving average price is $27.36 and its two-hundred day moving average price is $27.73. Schwab Emerging Markets Equity ETF has a one year low of $24.61 and a one year high of $30.25.

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.