Foster & Motley Inc. cut its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,264,195 shares of the company’s stock after selling 14,587 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises 2.4% of Foster & Motley Inc.’s investment portfolio, making the stock its 6th biggest position. Foster & Motley Inc. owned about 0.56% of Schwab Fundamental Emerging Markets Equity ETF worth $45,587,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at about $29,000. Mather Group LLC. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth about $36,000. Russell Investments Group Ltd. boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares during the period. PFS Partners LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $39,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $44,000.
Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.3%
Shares of FNDE stock opened at $37.25 on Tuesday. The firm has a 50 day moving average of $38.86 and a two-hundred day moving average of $37.36. The stock has a market capitalization of $8.50 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $26.43 and a 52 week high of $40.92.
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.
Further Reading
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