Caerus Investment Advisors LLC Makes New $710,000 Investment in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Caerus Investment Advisors LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 19,646 shares of the company’s stock, valued at approximately $710,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDE. AlphaCore Capital LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 26,387.4% during the 2nd quarter. AlphaCore Capital LLC now owns 585,637 shares of the company’s stock worth $19,332,000 after purchasing an additional 583,426 shares during the period. Tandem Financial LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at approximately $8,444,000. EP Wealth Advisors LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 371.4% during the second quarter. EP Wealth Advisors LLC now owns 306,241 shares of the company’s stock worth $10,109,000 after purchasing an additional 241,281 shares in the last quarter. LFA Lugano Financial Advisors SA acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth $7,735,000. Finally, Bank of America Corp DE boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 9.8% during the second quarter. Bank of America Corp DE now owns 2,217,604 shares of the company’s stock worth $73,203,000 after buying an additional 198,213 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 0.5%

Shares of NYSEARCA FNDE opened at $38.54 on Wednesday. The stock has a market capitalization of $8.79 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $40.92. The stock has a fifty day simple moving average of $38.87 and a 200-day simple moving average of $37.19.

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.