Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Reaches New 12-Month High at $29.29

Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) shares hit a new 52-week high during trading on Monday . The stock traded as high as $29.29 and last traded at $29.26, with a volume of 49870 shares trading hands. The stock had previously closed at $29.21.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Up 0.2 %

The stock has a market capitalization of $5.86 billion, a P/E ratio of 7.32 and a beta of 0.76. The firm has a 50 day simple moving average of $27.77 and a two-hundred day simple moving average of $26.94.

Hedge Funds Weigh In On Schwab Fundamental Emerging Markets Large Company Index ETF

A number of hedge funds have recently bought and sold shares of FNDE. Charles Schwab Investment Advisory Inc. increased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.0% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 123,366,633 shares of the company’s stock valued at $3,348,170,000 after purchasing an additional 3,611,613 shares in the last quarter. FMR LLC lifted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 21.5% during the third quarter. FMR LLC now owns 7,124,052 shares of the company’s stock valued at $186,793,000 after purchasing an additional 1,259,784 shares in the last quarter. 1832 Asset Management L.P. boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 127.4% in the 4th quarter. 1832 Asset Management L.P. now owns 2,762,324 shares of the company’s stock worth $74,969,000 after buying an additional 1,547,664 shares during the last quarter. Unison Advisors LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.5% during the 4th quarter. Unison Advisors LLC now owns 2,677,086 shares of the company’s stock valued at $72,656,000 after purchasing an additional 90,429 shares during the last quarter. Finally, Morningstar Investment Services LLC raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 96.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,188,938 shares of the company’s stock worth $32,244,000 after acquiring an additional 584,272 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index 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.