Rialto Wealth Management LLC Takes $1.36 Million Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Rialto Wealth Management LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 50,904 shares of the company’s stock, valued at approximately $1,356,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Park Avenue Securities LLC increased its position in Schwab Emerging Markets Equity ETF by 33.7% during the fourth quarter. Park Avenue Securities LLC now owns 13,927 shares of the company’s stock worth $371,000 after buying an additional 3,509 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 321.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock worth $15,374,000 after acquiring an additional 401,943 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Schwab Emerging Markets Equity ETF by 7,554.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 762,735 shares of the company’s stock valued at $22,255,000 after acquiring an additional 752,771 shares during the period. World Investment Advisors LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 8.9% during the 3rd quarter. World Investment Advisors LLC now owns 45,345 shares of the company’s stock valued at $1,323,000 after purchasing an additional 3,693 shares during the last quarter. Finally, MorganRosel Wealth Management LLC boosted its position in Schwab Emerging Markets Equity ETF by 0.5% during the fourth quarter. MorganRosel Wealth Management LLC now owns 321,393 shares of the company’s stock worth $8,559,000 after purchasing an additional 1,734 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA:SCHE opened at $27.97 on Friday. The company has a market cap of $9.53 billion, a P/E ratio of 14.57 and a beta of 0.64. The firm’s fifty day moving average price is $27.12 and its two-hundred day moving average price is $27.69. Schwab Emerging Markets Equity ETF has a one year low of $24.60 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.