Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Strong Trading Volume

Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw unusually-high trading volume on Wednesday . Approximately 3,283,973 shares were traded during mid-day trading, an increase of 198% from the previous session’s volume of 1,102,373 shares.The stock last traded at $29.80 and had previously closed at $29.45.

Schwab Emerging Markets Equity ETF Stock Performance

The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 12.56 and a beta of 0.83. The business’s 50-day moving average is $27.10 and its 200-day moving average is $26.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SCHE. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Schwab Emerging Markets Equity ETF by 1.6% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 85,303,270 shares of the company’s stock valued at $2,153,908,000 after purchasing an additional 1,381,789 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 5,410.5% in the 1st quarter. Jane Street Group LLC now owns 2,769,692 shares of the company’s stock valued at $69,935,000 after buying an additional 2,719,430 shares during the period. Rebalance LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 9.8% in the 2nd quarter. Rebalance LLC now owns 1,953,452 shares of the company’s stock valued at $51,884,000 after buying an additional 173,665 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab Emerging Markets Equity ETF by 0.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,858,079 shares of the company’s stock worth $49,351,000 after acquiring an additional 7,575 shares during the last quarter. Finally, Orgel Wealth Management LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 13.0% during the second quarter. Orgel Wealth Management LLC now owns 1,631,129 shares of the company’s stock valued at $43,323,000 after acquiring an additional 187,257 shares during the period.

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.