Schwab Fundamental Emerging Markets Equity ETF $FNDE Stock Holdings Increased by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 11.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 136,533 shares of the company’s stock after acquiring an additional 13,848 shares during the period. Apollon Wealth Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $5,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Delta Asset Management LLC TN purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at $25,000. Phillips Financial Management LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $29,000. NBC Securities Inc. purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $32,000. Finally, Russell Investments Group Ltd. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $39.58 on Tuesday. The company has a market cap of $9.23 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 $32.73 and a 52 week high of $42.43. The firm has a 50 day simple moving average of $40.71 and a 200 day simple moving average of $39.05.

Schwab Fundamental Emerging Markets Equity ETF Company 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.