Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Strong Trading Volume – Here’s Why

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw an uptick in trading volume on Wednesday . 1,767,560 shares traded hands during mid-day 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 company’s 50 day moving average is $33.26 and its 200 day moving average is $32.61. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SCHE. PFS Partners LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the third quarter valued at $25,000. Lodestone Wealth Management LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the 4th quarter valued at about $28,000. Morton Brown Family Wealth LLC increased its holdings in Schwab Emerging Markets Equity ETF by 122.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after acquiring an additional 490 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the second quarter worth about $32,000. Finally, Hoey Investments Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the second quarter worth about $33,000.

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. 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.