Schwab Fundamental Emerging Markets Equity ETF $FNDE Position Reduced by Focus Partners Wealth

Focus Partners Wealth cut its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 0.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,272 shares of the company’s stock after selling 351 shares during the quarter. Focus Partners Wealth’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $2,257,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $321,000. Northern Trust Corp acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $278,000. Captrust Financial Advisors acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $325,000. Quantinno Capital Management LP boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 88.9% during the fourth quarter. Quantinno Capital Management LP now owns 21,914 shares of the company’s stock worth $637,000 after purchasing an additional 10,312 shares during the period. Finally, Windsor Advisory Group LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $80,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE opened at $36.12 on Wednesday. The firm has a market cap of $7.71 billion, a PE ratio of 10.04 and a beta of 0.75. The firm’s 50 day moving average price is $34.27 and its 200 day moving average price is $32.24. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $36.15.

About Schwab Fundamental Emerging Markets Equity 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.