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

Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw strong trading volume on Wednesday . 1,606,041 shares were traded during mid-day trading, an increase of 43% from the previous session’s volume of 1,120,831 shares.The stock last traded at $27.25 and had previously closed at $27.28.

Schwab Emerging Markets Equity ETF Stock Down 0.5 %

The stock has a market cap of $9.13 billion, a PE ratio of 12.56 and a beta of 0.83. The firm has a 50-day simple moving average of $28.28 and a 200-day simple moving average of $27.53.

Institutional Trading of Schwab Emerging Markets Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management boosted its position in Schwab Emerging Markets Equity ETF by 7.6% during the 2nd quarter. Brookstone Capital Management now owns 18,425 shares of the company’s stock valued at $501,000 after acquiring an additional 1,300 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 59.8% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 61,048 shares of the company’s stock worth $1,621,000 after purchasing an additional 22,854 shares during the period. Kiley Juergens Wealth Management LLC grew its stake in Schwab Emerging Markets Equity ETF by 4.4% during the second quarter. Kiley Juergens Wealth Management LLC now owns 33,935 shares of the company’s stock valued at $901,000 after acquiring an additional 1,436 shares in the last quarter. GYL Financial Synergies LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 26.3% in the second quarter. GYL Financial Synergies LLC now owns 63,837 shares of the company’s stock worth $1,696,000 after buying an additional 13,307 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Schwab Emerging Markets Equity ETF by 2.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 257,939 shares of the company’s stock valued at $6,851,000 after acquiring an additional 6,241 shares during the last quarter.

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.