Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Strong Trading Volume – Should You Buy?

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw an uptick in trading volume on Tuesday . 1,611,861 shares changed hands during 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 Stock Performance

The company’s 50 day moving average is $33.51 and its 200 day moving average is $31.95. The stock has a market capitalization of $10.90 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Institutional Trading of Schwab Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of SCHE. Valeo Financial Advisors LLC grew its stake in Schwab Emerging Markets Equity ETF by 323.9% in the second quarter. Valeo Financial Advisors LLC now owns 56,348 shares of the company’s stock valued at $1,698,000 after acquiring an additional 43,055 shares during the period. Kathmere Capital Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 20.0% in the 2nd quarter. Kathmere Capital Management LLC now owns 113,375 shares of the company’s stock valued at $3,417,000 after purchasing an additional 18,884 shares during the period. Perigon Wealth Management LLC increased its stake in Schwab Emerging Markets Equity ETF by 1.0% during the 2nd quarter. Perigon Wealth Management LLC now owns 141,572 shares of the company’s stock worth $4,267,000 after purchasing an additional 1,386 shares in the last quarter. FIDELIS iM LLC lifted its stake in Schwab Emerging Markets Equity ETF by 3.5% in the second quarter. FIDELIS iM LLC now owns 131,559 shares of the company’s stock valued at $3,965,000 after buying an additional 4,496 shares in the last quarter. Finally, Almanack Investment Partners LLC. bought a new stake in shares of Schwab Emerging Markets Equity ETF during the second quarter worth $1,257,000.

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.