Sankala Group LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,623 shares of the company’s stock, valued at approximately $491,000.
Other hedge funds have also modified their holdings of the company. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $321,000. Royal Bank of Canada lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after acquiring an additional 886 shares during the last quarter. Baird Financial Group Inc. grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the 2nd quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock worth $3,012,000 after acquiring an additional 13,653 shares in the last quarter. Cerity Partners LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the 2nd quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock worth $1,366,000 after acquiring an additional 930 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 81.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock worth $3,810,000 after acquiring an additional 51,787 shares in the last quarter.
Schwab Fundamental Emerging Markets Equity ETF Price Performance
NYSEARCA:FNDE opened at $40.94 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $32.10 and a 12 month high of $42.43. The firm has a market capitalization of $9.54 billion, a PE ratio of 10.04 and a beta of 0.55. The business’s fifty day moving average price is $40.73 and its 200 day moving average price is $38.92.
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.
See Also
- Five stocks we like better than Schwab Fundamental Emerging Markets Equity ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding FNDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report).
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.
