Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 321.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 526,876 shares of the company’s stock after buying an additional 401,943 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab Emerging Markets Equity ETF were worth $15,374,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 13.7% in the 2nd quarter. Natixis Advisors LLC now owns 23,877 shares of the company’s stock valued at $634,000 after purchasing an additional 2,876 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $41,000. Meeder Advisory Services Inc. lifted its position in shares of Schwab Emerging Markets Equity ETF by 18.4% during the 2nd quarter. Meeder Advisory Services Inc. now owns 10,100 shares of the company’s stock valued at $268,000 after buying an additional 1,573 shares in the last quarter. Pinkerton Retirement Specialists LLC grew its stake in Schwab Emerging Markets Equity ETF by 7.4% in the 2nd quarter. Pinkerton Retirement Specialists LLC now owns 86,821 shares of the company’s stock valued at $2,306,000 after acquiring an additional 5,958 shares during the period. Finally, Hardin Capital Partners LLC purchased a new stake in Schwab Emerging Markets Equity ETF in the 2nd quarter worth $314,000.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA:SCHE opened at $25.95 on Friday. The company has a fifty day moving average of $27.51 and a two-hundred day moving average of $27.54. Schwab Emerging Markets Equity ETF has a fifty-two week low of $23.33 and a fifty-two week high of $30.25. The stock has a market capitalization of $8.73 billion, a PE ratio of 12.56 and a beta of 0.83.

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.