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

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw strong trading volume on Wednesday . 2,588,468 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 1,233,597 shares.The stock last traded at $27.74 and had previously closed at $27.19.

Schwab Emerging Markets Equity ETF Stock Up 3.0 %

The firm’s 50 day simple moving average is $27.06 and its two-hundred day simple moving average is $27.68. The stock has a market capitalization of $9.54 billion, a P/E ratio of 14.57 and a beta of 0.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter worth $1,503,000. PDS Planning Inc purchased a new position in Schwab Emerging Markets Equity ETF during the third quarter worth about $195,000. FSM Wealth Advisors LLC increased its stake in Schwab Emerging Markets Equity ETF by 4.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 10,907 shares of the company’s stock worth $318,000 after acquiring an additional 419 shares during the last quarter. Madden Advisory Services Inc. raised its holdings in shares of Schwab Emerging Markets Equity ETF by 11.0% in the 3rd quarter. Madden Advisory Services Inc. now owns 41,217 shares of the company’s stock valued at $1,203,000 after acquiring an additional 4,081 shares in the last quarter. Finally, Armor Investment Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 7.7% in the 3rd quarter. Armor Investment Advisors LLC now owns 122,335 shares of the company’s stock valued at $3,570,000 after acquiring an additional 8,730 shares in 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.