Your Advocates Ltd. LLP Trims Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Your Advocates Ltd. LLP trimmed its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 5.6% in the 2nd quarter, Holdings Channel reports. The firm owned 221,507 shares of the company’s stock after selling 13,045 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for 2.6% of Your Advocates Ltd. LLP’s holdings, making the stock its 11th biggest holding. Your Advocates Ltd. LLP’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $7,312,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. National Bank of Canada FI increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 38.6% in the 1st quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock worth $27,723,000 after buying an additional 250,554 shares during the period. Almanack Investment Partners LLC. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 34.8% in the 2nd quarter. Almanack Investment Partners LLC. now owns 597,544 shares of the company’s stock worth $19,725,000 after acquiring an additional 154,218 shares in the last quarter. Empowered Funds LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 1st quarter worth about $4,570,000. Private Advisor Group LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth approximately $4,080,000. Finally, Simplicity Wealth LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1,887.9% during the second quarter. Simplicity Wealth LLC now owns 133,206 shares of the company’s stock worth $4,397,000 after acquiring an additional 126,505 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA FNDE opened at $37.41 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $26.43 and a 52-week high of $37.84. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. The stock has a 50 day moving average price of $36.31 and a 200 day moving average price of $34.11.

Schwab Fundamental Emerging Markets Equity ETF 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.