IFC & Insurance Marketing Inc. Buys 20,448 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

IFC & Insurance Marketing Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 27,264.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,523 shares of the company’s stock after buying an additional 20,448 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises about 0.8% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 24th biggest holding. IFC & Insurance Marketing Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $785,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FNDE. Embree Financial Group raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 93.1% in the 4th quarter. Embree Financial Group now owns 133,367 shares of the company’s stock worth $4,809,000 after purchasing an additional 64,307 shares during the last quarter. BCS Wealth Management grew its position in Schwab Fundamental Emerging Markets Equity ETF by 206.2% during the 4th quarter. BCS Wealth Management now owns 74,359 shares of the company’s stock valued at $2,681,000 after purchasing an additional 50,076 shares during the last quarter. Caerus Investment Advisors LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at about $710,000. Cowa LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 11.0% during the 3rd quarter. Cowa LLC now owns 307,229 shares of the company’s stock valued at $11,109,000 after purchasing an additional 30,350 shares in the last quarter. Finally, Brand Asset Management Group Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at about $1,026,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $41.26 on Tuesday. The stock has a market capitalization of $9.62 billion, a PE ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $32.10 and a 52-week high of $42.43. The company has a 50-day simple moving average of $40.76 and a two-hundred day simple moving average of $38.96.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.