Schwab Fundamental Emerging Markets Equity ETF $FNDE Holdings Raised by Assetmark Inc.

Assetmark Inc. boosted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 167.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,345 shares of the company’s stock after buying an additional 33,384 shares during the quarter. Assetmark Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $1,761,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FNDE. Pflug Koory LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth approximately $41,000. Operose Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% in the 1st quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock worth $44,000 after buying an additional 1,360 shares in the last quarter. Hoey Investments Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth approximately $47,000. MCF Advisors LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 28.1% during the 1st quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock valued at $52,000 after purchasing an additional 374 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1,718.9% during the 1st quarter. Founders Financial Alliance LLC now owns 1,728 shares of the company’s stock valued at $53,000 after purchasing an additional 1,633 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 1.2%

Schwab Fundamental Emerging Markets Equity ETF stock opened at $36.55 on Wednesday. The company has a market capitalization of $7.92 billion, a P/E ratio of 10.04 and a beta of 0.62. The firm’s fifty day simple moving average is $35.90 and its 200-day simple moving average is $33.80. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $37.59.

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.