Ackerman Capital Advisors LLC Cuts Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Ackerman Capital Advisors LLC lowered its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,531 shares of the company’s stock after selling 750 shares during the period. Ackerman Capital Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $1,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth approximately $90,000. BNP Paribas Financial Markets acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth $164,000. Intelligence Driven Advisers LLC purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth $200,000. Savvy Advisors Inc. acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at $210,000. Finally, US Bancorp DE increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 150.2% in the third quarter. US Bancorp DE now owns 6,950 shares of the company’s stock valued at $224,000 after buying an additional 4,172 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Up 0.2 %

NYSEARCA:FNDE opened at $30.86 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52-week low of $27.02 and a 52-week high of $33.99. The stock has a fifty day simple moving average of $29.56 and a 200-day simple moving average of $30.46. The company has a market capitalization of $6.18 billion, a PE ratio of 7.83 and a beta of 0.79.

About Schwab Fundamental Emerging Markets Large Company Index 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.