International Assets Investment Management LLC Takes Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

International Assets Investment Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,319 shares of the company’s stock, valued at approximately $144,000.

Other hedge funds have also recently added to or reduced their stakes in the company. IFG Advisory LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% in the 4th quarter. IFG Advisory LLC now owns 143,852 shares of the company’s stock valued at $3,904,000 after purchasing an additional 4,681 shares in the last quarter. Planned Solutions Inc. acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at $55,000. Kaizen Financial Strategies lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.7% during the 4th quarter. Kaizen Financial Strategies now owns 43,140 shares of the company’s stock worth $1,171,000 after buying an additional 738 shares during the last quarter. Moller Financial Services boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 6.1% during the 4th quarter. Moller Financial Services now owns 330,128 shares of the company’s stock worth $8,960,000 after acquiring an additional 18,869 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 6.0% in the 3rd quarter. EP Wealth Advisors LLC now owns 14,708 shares of the company’s stock valued at $386,000 after acquiring an additional 833 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE opened at $28.71 on Tuesday. The stock’s 50-day simple moving average is $27.68 and its 200-day simple moving average is $26.86. The firm has a market capitalization of $5.75 billion, a PE ratio of 7.32 and a beta of 0.76. Schwab Fundamental Emerging Markets Large Company Index ETF has a fifty-two week low of $25.13 and a fifty-two week high of $28.73.

About Schwab Fundamental Emerging Markets Large Company Index 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.