Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Sold by Firestone Capital Management

Firestone Capital Management cut its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 12.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,262 shares of the company’s stock after selling 2,708 shares during the period. Firestone Capital Management’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $603,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FNDE. National Bank of Canada FI boosted its holdings in shares of 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 valued at $27,723,000 after purchasing an additional 250,554 shares during the last quarter. Almanack Investment Partners LLC. raised its position in shares of 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 buying an additional 154,218 shares during the period. Empowered Funds LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the first quarter valued at $4,570,000. Private Advisor Group LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at about $4,080,000. Finally, Simplicity Wealth LLC grew its position in 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 valued at $4,397,000 after acquiring an additional 126,505 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $37.43 on Friday. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $26.43 and a 12 month high of $37.83. The stock’s 50-day moving average is $36.37 and its 200-day moving average is $34.19.

About Schwab Fundamental Emerging Markets Equity ETF

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.