Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sets New 52-Week High – Still a Buy?

Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) hit a new 52-week high on Tuesday . The company traded as high as $33.91 and last traded at $33.86, with a volume of 1470982 shares changing hands. The stock had previously closed at $33.75.

Schwab Emerging Markets Equity ETF Stock Performance

The firm has a market cap of $11.55 billion, a price-to-earnings ratio of 15.58 and a beta of 0.68. The business has a fifty day simple moving average of $32.03 and a 200-day simple moving average of $29.87.

Institutional Trading of Schwab Emerging Markets Equity ETF

Institutional investors have recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. acquired a new stake in Schwab Emerging Markets Equity ETF during the second quarter worth approximately $32,000. Hoey Investments Inc. acquired a new position in shares of Schwab Emerging Markets Equity ETF during the second quarter valued at about $33,000. Dunhill Financial LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the 1st quarter valued at about $34,000. Keener Financial Planning LLC boosted its holdings in Schwab Emerging Markets Equity ETF by 5,945.5% in the second quarter. Keener Financial Planning LLC now owns 1,330 shares of the company’s stock worth $40,000 after acquiring an additional 1,308 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter valued at approximately $43,000.

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.