Northern Trust Corp Takes $278,000 Position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE)

Northern Trust Corp bought a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,576 shares of the company’s stock, valued at approximately $278,000.

Several other large investors also recently added to or reduced their stakes in FNDE. Smartleaf Asset Management LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 5,268.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after buying an additional 1,159 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 88.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock valued at $35,000 after purchasing an additional 558 shares during the period. Bessemer Group Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at approximately $35,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at approximately $48,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at approximately $55,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $31.38 on Monday. The stock has a market cap of $6.65 billion, a price-to-earnings ratio of 9.94 and a beta of 0.60. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $34.00. The firm has a 50 day simple moving average of $30.33 and a 200-day simple moving average of $30.22.

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.