Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Unusually-High Trading Volume – Still a Buy?

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw an uptick in trading volume on Wednesday . 1,312,733 shares were traded during mid-day trading, an increase of 19% from the previous session’s volume of 1,105,567 shares.The stock last traded at $27.70 and had previously closed at $27.57.

Schwab Emerging Markets Equity ETF Price Performance

The firm’s 50 day simple moving average is $27.62 and its 200-day simple moving average is $27.81. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 15.04 and a beta of 0.65.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Large investors have recently modified their holdings of the company. Park Avenue Securities LLC raised its position in Schwab Emerging Markets Equity ETF by 33.7% in the 4th quarter. Park Avenue Securities LLC now owns 13,927 shares of the company’s stock valued at $371,000 after purchasing an additional 3,509 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 321.7% during the third quarter. JPMorgan Chase & Co. now owns 526,876 shares of the company’s stock worth $15,374,000 after buying an additional 401,943 shares during the period. Assetmark Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 377.7% during the fourth quarter. Assetmark Inc. now owns 1,113 shares of the company’s stock worth $30,000 after buying an additional 880 shares during the last quarter. World Investment Advisors LLC increased its position in Schwab Emerging Markets Equity ETF by 8.9% in the 3rd quarter. World Investment Advisors LLC now owns 45,345 shares of the company’s stock valued at $1,323,000 after acquiring an additional 3,693 shares during the period. Finally, MorganRosel Wealth Management LLC raised its stake in Schwab Emerging Markets Equity ETF by 0.5% during the 4th quarter. MorganRosel Wealth Management LLC now owns 321,393 shares of the company’s stock valued at $8,559,000 after acquiring an additional 1,734 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.