Summit Wealth & Retirement Planning Inc. Has $15.33 Million Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Summit Wealth & Retirement Planning Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 525,175 shares of the company’s stock after buying an additional 14,007 shares during the period. Schwab Emerging Markets Equity ETF accounts for approximately 4.9% of Summit Wealth & Retirement Planning Inc.’s holdings, making the stock its 7th biggest position. Summit Wealth & Retirement Planning Inc. owned 0.16% of Schwab Emerging Markets Equity ETF worth $15,325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL boosted its holdings in Schwab Emerging Markets Equity ETF by 112.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock worth $35,000 after acquiring an additional 630 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of Schwab Emerging Markets Equity ETF by 359.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,414 shares of the company’s stock worth $38,000 after purchasing an additional 1,106 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in Schwab Emerging Markets Equity ETF by 4,912.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock worth $39,000 after purchasing an additional 1,523 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $41,000. Finally, First Personal Financial Services bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $48,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of Schwab Emerging Markets Equity ETF stock opened at $28.51 on Friday. The company has a 50-day simple moving average of $28.39 and a two-hundred day simple moving average of $27.24. The stock has a market capitalization of $9.60 billion, a PE ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 52-week low of $23.33 and a 52-week high of $30.25.

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.