Park Avenue Securities LLC Purchases New Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Park Avenue Securities LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 33,567 shares of the company’s stock, valued at approximately $1,405,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Quantinno Capital Management LP grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 25.5% in the 1st quarter. Quantinno Capital Management LP now owns 77,032 shares of the company’s stock valued at $2,947,000 after buying an additional 15,670 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth approximately $5,119,000. January Capital Advisors LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 778.5% during the 2nd quarter. January Capital Advisors LLC now owns 212,219 shares of the company’s stock worth $8,421,000 after buying an additional 188,063 shares during the period. LFA Lugano Financial Advisors SA grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 57.0% during the 1st quarter. LFA Lugano Financial Advisors SA now owns 334,560 shares of the company’s stock valued at $12,800,000 after purchasing an additional 121,403 shares in the last quarter. Finally, Kozak & Associates Inc. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 63,629.3% in the 2nd quarter. Kozak & Associates Inc. now owns 209,032 shares of the company’s stock worth $8,236,000 after purchasing an additional 208,704 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.57 on Monday. The company has a market cap of $9.96 billion, a PE ratio of 10.04 and a beta of 0.56. The company has a fifty day moving average price of $42.21 and a two-hundred day moving average price of $40.48. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $34.99 and a 12 month high of $43.18.

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.