Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Strong Trading Volume – Here’s Why

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw unusually-high trading volume on Tuesday . Approximately 1,611,861 shares traded hands during mid-day trading, an increase of 16% from the previous session’s volume of 1,390,416 shares.The stock last traded at $31.9750 and had previously closed at $32.22.

Schwab Emerging Markets Equity ETF Price Performance

The stock’s 50-day moving average price is $33.51 and its 200 day moving average price is $31.95. The firm has a market cap of $10.90 billion, a P/E ratio of 15.58 and a beta of 0.54.

Institutional Trading of Schwab Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PFS Partners LLC acquired a new position in Schwab Emerging Markets Equity ETF during the third quarter valued at approximately $25,000. Morton Brown Family Wealth LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 122.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after purchasing an additional 490 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new position in shares of Schwab Emerging Markets Equity ETF in the second quarter valued at $32,000. Hoey Investments Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the second quarter worth $33,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at $35,000.

Schwab Emerging Markets Equity ETF Company 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.