Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Bought by Westover Capital Advisors LLC

Westover Capital Advisors LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 11.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 140,391 shares of the company’s stock after acquiring an additional 14,182 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 0.9% of Westover Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Westover Capital Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $4,634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rockefeller Capital Management L.P. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth approximately $683,000. Cetera Investment Advisers raised its position in Schwab Fundamental Emerging Markets Equity ETF by 60.8% in the second quarter. Cetera Investment Advisers now owns 183,487 shares of the company’s stock valued at $6,057,000 after purchasing an additional 69,397 shares during the period. Creative Planning raised its position in Schwab Fundamental Emerging Markets Equity ETF by 0.7% in the second quarter. Creative Planning now owns 153,890 shares of the company’s stock valued at $5,080,000 after purchasing an additional 1,059 shares during the period. Empower Advisory Group LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the second quarter worth $220,000. Finally, Brio Consultants LLC boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 40.7% in the 2nd quarter. Brio Consultants LLC now owns 29,740 shares of the company’s stock valued at $982,000 after buying an additional 8,610 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.3%

NYSEARCA:FNDE opened at $36.93 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $26.43 and a 52 week high of $37.83. The company has a fifty day simple moving average of $36.41 and a two-hundred day simple moving average of $34.27. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

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.