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

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) shares saw an uptick in trading volume on Wednesday . 1,606,041 shares traded hands during 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 Price Performance

The firm has a market capitalization of $9.01 billion, a P/E ratio of 12.56 and a beta of 0.83. The stock has a fifty day simple moving average of $28.18 and a two-hundred day simple moving average of $27.52.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL raised its holdings in shares of Schwab Emerging Markets Equity ETF by 112.3% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,191 shares of the company’s stock worth $35,000 after acquiring an additional 630 shares during the last quarter. Joseph Group Capital Management purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the third quarter worth approximately $36,000. Headlands Technologies LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the second quarter worth approximately $41,000. First Personal Financial Services bought a new position in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at approximately $48,000. Finally, Hollencrest Capital Management boosted its position in shares of Schwab Emerging Markets Equity ETF by 314.9% during the second quarter. Hollencrest Capital Management now owns 2,261 shares of the company’s stock valued at $60,000 after buying an additional 1,716 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.