L.M. Kohn & Company Buys New Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

L.M. Kohn & Company bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,697 shares of the company’s stock, valued at approximately $617,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FNDE. Pflug Koory LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $41,000. Operose Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% during the first quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock valued at $44,000 after acquiring an additional 1,360 shares during the last quarter. Hoey Investments Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $47,000. Fairway Wealth LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at approximately $50,000. Finally, MCF Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 28.1% during the first quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock valued at $52,000 after acquiring an additional 374 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.2%

NYSEARCA:FNDE opened at $37.27 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $26.43 and a 52 week high of $37.30. The firm has a 50 day moving average of $35.66 and a 200 day moving average of $33.48. The stock has a market capitalization of $8.08 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

Schwab Fundamental Emerging Markets Equity ETF Company Profile

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks.