1832 Asset Management L.P. Lowers Stock Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

1832 Asset Management L.P. trimmed its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 5.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,621,849 shares of the company’s stock after selling 140,475 shares during the quarter. 1832 Asset Management L.P. owned 1.31% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $72,783,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. FAS Wealth Partners Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at about $25,000. Addison Advisors LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 132.5% in the 4th quarter. Addison Advisors LLC now owns 937 shares of the company’s stock valued at $25,000 after buying an additional 534 shares during the period. BOK Financial Private Wealth Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 1st quarter valued at about $27,000. Spire Wealth Management boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 695.7% in the 1st quarter. Spire Wealth Management now owns 1,305 shares of the company’s stock valued at $36,000 after buying an additional 1,141 shares during the period. Finally, Mather Group LLC. purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 1st quarter valued at about $36,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA FNDE traded up $0.21 during midday trading on Friday, hitting $29.31. 397,071 shares of the company’s stock were exchanged, compared to its average volume of 596,691. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $25.13 and a twelve month high of $30.83. The company has a market cap of $5.87 billion, a PE ratio of 7.83 and a beta of 0.79. The firm’s fifty day simple moving average is $29.81 and its 200-day simple moving average is $28.37.

Schwab Fundamental Emerging Markets Large Company Index 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.