Essex LLC Has $5.42 Million Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Essex LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 164,047 shares of the company’s stock after buying an additional 4,736 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 1.1% of Essex LLC’s holdings, making the stock its 20th biggest holding. Essex LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $5,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at about $321,000. Sound Income Strategies LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at approximately $89,000. Janney Montgomery Scott LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 12.4% during the first quarter. Janney Montgomery Scott LLC now owns 78,226 shares of the company’s stock valued at $2,409,000 after purchasing an additional 8,616 shares in the last quarter. Johnson Investment Counsel Inc. grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.0% in the 1st quarter. Johnson Investment Counsel Inc. now owns 87,376 shares of the company’s stock valued at $2,691,000 after purchasing an additional 3,399 shares during the period. Finally, WealthCare Investment Partners LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 1st quarter worth approximately $371,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE stock opened at $35.54 on Wednesday. The stock’s fifty day simple moving average is $35.19 and its 200 day simple moving average is $32.91. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $36.53. The firm has a market cap of $7.70 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75.

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.