Quantum Portfolio Management LLC Buys 19,103 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Quantum Portfolio Management LLC boosted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 27.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,010 shares of the company’s stock after acquiring an additional 19,103 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for 0.0% of Quantum Portfolio Management LLC’s investment portfolio, making the stock its 21st largest holding. Quantum Portfolio Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $3,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in FNDE. Delta Asset Management LLC TN acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $25,000. Phillips Financial Management LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth about $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $29,000. NBC Securities Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at about $32,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA FNDE opened at $39.91 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $33.10 and a one year high of $42.43. The business has a 50 day simple moving average of $40.60 and a 200 day simple moving average of $39.25. The stock has a market capitalization of $9.32 billion, a P/E ratio of 10.04 and a beta of 0.56.

Schwab Fundamental Emerging Markets Equity ETF 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.