Pekin Hardy Strauss Inc. acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 108,767 shares of the company’s stock, valued at approximately $4,554,000.
Several other institutional investors have also recently bought and sold shares of the business. Atomic Invest LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 101.9% during the second quarter. Atomic Invest LLC now owns 624 shares of the company’s stock worth $25,000 after purchasing an additional 315 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $27,000. Valley National Advisers Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $30,000. Allied Private Wealth LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at about $38,000. Finally, Align Financial LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $44,000.
Schwab Fundamental Emerging Markets Equity ETF Stock Down 2.6%
Shares of NYSEARCA FNDE opened at $39.77 on Friday. The firm’s 50-day simple moving average is $42.09 and its 200 day simple moving average is $40.53. The company has a market cap of $9.76 billion, a price-to-earnings ratio of 10.04 and a beta of 0.59. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $34.99 and a 12-month high of $43.18.
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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.
Recommended Stories
- Five stocks we like better than Schwab Fundamental Emerging Markets Equity ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Schwab Fundamental Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
