TPG Advisors LLC Makes New $1.83 Million Investment in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

TPG Advisors LLC purchased a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 68,748 shares of the company’s stock, valued at approximately $1,826,000. Schwab Emerging Markets Equity ETF makes up about 1.6% of TPG Advisors LLC’s portfolio, making the stock its 18th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. boosted its position in shares of Schwab Emerging Markets Equity ETF by 255.6% in the fourth quarter. Johnson Financial Group Inc. now owns 1,049 shares of the company’s stock worth $26,000 after buying an additional 754 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in 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 acquiring an additional 1,106 shares in the last quarter. Abich Financial Wealth Management LLC boosted its position in Schwab Emerging Markets Equity ETF by 4,912.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,554 shares of the company’s stock worth $39,000 after acquiring an additional 1,523 shares during the period. Headlands Technologies LLC purchased a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $41,000. Finally, Hollencrest Capital Management grew its stake in Schwab Emerging Markets Equity ETF by 314.9% during the 2nd quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock valued at $60,000 after acquiring an additional 1,716 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA SCHE opened at $27.62 on Friday. The firm has a market capitalization of $9.30 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. The company has a 50 day simple moving average of $26.83 and a 200-day simple moving average of $26.30. Schwab Emerging Markets Equity ETF has a 52-week low of $22.88 and a 52-week high of $27.78.

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.