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

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw unusually-strong trading volume on Wednesday . Approximately 1,767,560 shares traded hands during trading, an increase of 26% from the previous session’s volume of 1,406,181 shares.The stock last traded at $34.2170 and had previously closed at $33.87.

Schwab Emerging Markets Equity ETF Price Performance

The business has a 50 day moving average of $33.29 and a 200 day moving average of $32.67. The firm has a market capitalization of $12.12 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Institutional Trading of Schwab Emerging Markets Equity ETF

Institutional investors have recently made changes to their positions in the business. US Bancorp DE lifted its stake in Schwab Emerging Markets Equity ETF by 89.0% during the third quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock worth $217,265,000 after purchasing an additional 3,065,021 shares during the period. Rakuten Investment Management Inc. bought a new position in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $74,621,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab Emerging Markets Equity ETF by 86.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock worth $111,321,000 after buying an additional 1,715,694 shares during the period. Corient Private Wealth LLC boosted its stake in Schwab Emerging Markets Equity ETF by 176.4% in the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after buying an additional 1,679,145 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at $15,165,000.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.