Worth Asset Management LLC Boosts Stock Holdings in Schwab Emerging Markets Equity ETF $SCHE

Key Takeaways:

• Worth Asset Management LLC increased its stake in Schwab Emerging Markets Equity ETF by 22.6%
• The details come from the firm’s SEC filing
• An additional 2,914 shares were purchased
• The fund’s total owned shares rose to 15,794
• The ETF trades under the ticker SCHE on the NYSE Arca

Worth Asset Management’s Share Increase

Worth Asset Management LLC has disclosed a 22.6% boost in its holdings of Schwab Emerging Markets Equity ETF during the second quarter. This surge followed the purchase of 2,914 additional shares.

SEC Filing Details

In its most recent filing with the Securities & Exchange Commission, Worth Asset Management LLC reported owning 15,794 shares of the ETF. This official disclosure confirms the firm’s heightened interest in emerging markets.

Spotlight on Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF, listed under the ticker SCHE on the NYSE Arca exchange, provides investors exposure to companies in developing economies. Worth Asset Management’s updated stake signals a meaningful commitment to these opportunities.

Strategic Implications

Though specific reasoning behind the move was not detailed in the disclosure, the purchase underscores continued investor attention to growth potential in emerging markets. With a 22.6% increase in ownership, Worth Asset Management’s position in the ETF has grown significantly, reflecting the firm’s ongoing portfolio strategy.