Renaissance Technologies LLC Makes New Investment in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Renaissance Technologies LLC acquired a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 184,200 shares of the company’s stock, valued at approximately $4,905,000. Renaissance Technologies LLC owned approximately 0.05% of Schwab Emerging Markets Equity ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oarsman Capital Inc. increased its stake in shares of Schwab Emerging Markets Equity ETF by 5,788.2% in the fourth quarter. Oarsman Capital Inc. now owns 1,001 shares of the company’s stock worth $27,000 after buying an additional 984 shares during the period. Decker Retirement Planning Inc. purchased a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at about $29,000. Human Investing LLC bought a new position in shares of Schwab Emerging Markets Equity ETF during the fourth quarter valued at about $29,000. Assetmark Inc. grew its stake in shares of Schwab Emerging Markets Equity ETF by 377.7% in the fourth quarter. Assetmark Inc. now owns 1,113 shares of the company’s stock worth $30,000 after purchasing an additional 880 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $36,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE stock opened at $26.54 on Monday. The firm has a market cap of $9.04 billion, a P/E ratio of 14.22 and a beta of 0.55. The business’s 50 day moving average price is $27.31 and its 200-day moving average price is $27.56. Schwab Emerging Markets Equity ETF has a fifty-two week low of $24.11 and a fifty-two week 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.