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

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw unusually-strong trading volume on Tuesday . Approximately 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 Up 1.1%

The business has a fifty day moving average of $33.43 and a 200 day moving average of $31.98. The company has a market cap of $10.95 billion, a P/E ratio of 15.58 and a beta of 0.54.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vestwell Advisors LLC raised its stake in Schwab Emerging Markets Equity ETF by 726.6% in the third quarter. Vestwell Advisors LLC now owns 2,389 shares of the company’s stock worth $80,000 after buying an additional 2,100 shares in the last quarter. Allworth Financial LP boosted its position in Schwab Emerging Markets Equity ETF by 3.3% during the 3rd quarter. Allworth Financial LP now owns 58,159 shares of the company’s stock valued at $1,941,000 after acquiring an additional 1,864 shares in the last quarter. IFP Advisors Inc boosted its position in Schwab Emerging Markets Equity ETF by 15.4% during the 3rd quarter. IFP Advisors Inc now owns 29,505 shares of the company’s stock valued at $985,000 after acquiring an additional 3,937 shares in the last quarter. Payne Capital Management LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 8.0% during the 3rd quarter. Payne Capital Management LLC now owns 211,782 shares of the company’s stock worth $7,067,000 after acquiring an additional 15,764 shares during the period. Finally, Cambria Investment Management L.P. bought a new position in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter worth approximately $234,000.

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.