Kings Path Partners LLC Takes Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Kings Path Partners LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,180 shares of the company’s stock, valued at approximately $64,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Advisory Inc. raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.2% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 124,878,009 shares of the company’s stock valued at $3,466,614,000 after buying an additional 1,511,376 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 127.4% in the fourth quarter. 1832 Asset Management L.P. now owns 2,762,324 shares of the company’s stock valued at $74,969,000 after purchasing an additional 1,547,664 shares in the last quarter. SageView Advisory Group LLC increased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 17,329.4% in the first quarter. SageView Advisory Group LLC now owns 2,720,385 shares of the company’s stock valued at $75,518,000 after purchasing an additional 2,704,777 shares during the last quarter. Morningstar Investment Services LLC raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 96.6% during the fourth quarter. Morningstar Investment Services LLC now owns 1,188,938 shares of the company’s stock worth $32,244,000 after purchasing an additional 584,272 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $22,872,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of FNDE stock opened at $30.12 on Friday. The stock’s 50-day moving average is $29.73 and its two-hundred day moving average is $28.90. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $25.13 and a 1 year high of $30.83.

Schwab Fundamental Emerging Markets Large Company Index ETF Company 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.