Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC decreased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 50.2% during the first quarter, Holdings Channel.com reports. The firm owned 53,596 shares of the company’s stock after selling 53,994 shares during the period. Merit Financial Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $1,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDE. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $321,000. Almanack Investment Partners LLC. lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 18.0% during the 4th quarter. Almanack Investment Partners LLC. now owns 435,248 shares of the company’s stock valued at $12,644,000 after buying an additional 66,427 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.4% during the 4th quarter. Apollon Wealth Management LLC now owns 126,143 shares of the company’s stock valued at $3,664,000 after buying an additional 6,475 shares in the last quarter. Essex LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.2% during the 4th quarter. Essex LLC now owns 150,567 shares of the company’s stock valued at $4,374,000 after buying an additional 1,817 shares in the last quarter. Finally, First National Corp MA ADV lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the 4th quarter. First National Corp MA ADV now owns 40,660 shares of the company’s stock valued at $1,181,000 after buying an additional 350 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:FNDE opened at $32.17 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $34.00. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 9.94 and a beta of 0.60. The business’s 50 day moving average price is $30.42 and its 200-day moving average price is $30.26.

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.