Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Reaches New 1-Year Low – Here’s Why

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) reached a new 52-week low on Monday . The stock traded as low as $24.42 and last traded at $24.48, with a volume of 287383 shares changing hands. The stock had previously closed at $25.68.

Schwab Emerging Markets Equity ETF Stock Performance

The company has a fifty day moving average of $27.61 and a two-hundred day moving average of $27.81. The company has a market cap of $8.40 billion, a PE ratio of 15.04 and a beta of 0.65.

Institutional Trading of Schwab Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in SCHE. Valeo Financial Advisors LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 3.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 13,029 shares of the company’s stock worth $347,000 after acquiring an additional 384 shares during the last quarter. MCF Advisors LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 1.8% during the fourth quarter. MCF Advisors LLC now owns 23,026 shares of the company’s stock worth $613,000 after purchasing an additional 409 shares during the last quarter. Stone Summit Wealth LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 3.9% during the fourth quarter. Stone Summit Wealth LLC now owns 11,074 shares of the company’s stock valued at $295,000 after purchasing an additional 417 shares during the period. Clearview Wealth Advisors LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 2.2% in the fourth quarter. Clearview Wealth Advisors LLC now owns 19,911 shares of the company’s stock worth $530,000 after purchasing an additional 434 shares during the last quarter. Finally, EnRich Financial Partners LLC increased its stake in Schwab Emerging Markets Equity ETF by 19.8% in the 4th quarter. EnRich Financial Partners LLC now owns 2,651 shares of the company’s stock worth $71,000 after buying an additional 438 shares during the period.

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.