Riverchase Wealth Management LLC Acquires New Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Riverchase Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 20,374 shares of the company’s stock, valued at approximately $592,000.

Other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after buying an additional 1,159 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock valued at $35,000 after buying an additional 558 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter valued at $48,000. Lee Danner & Bass Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth $55,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at about $164,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Up 0.5 %

Shares of Schwab Fundamental Emerging Markets Large Company Index ETF stock opened at $31.30 on Friday. The business’s fifty day simple moving average is $30.50 and its 200 day simple moving average is $30.63. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $27.12 and a 12 month high of $34.00. The firm has a market capitalization of $6.64 billion, a P/E ratio of 10.45 and a beta of 0.73.

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.