SpiderRock Advisors LLC Purchases New Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

SpiderRock Advisors LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the first quarter, HoldingsChannel reports. The fund purchased 13,510 shares of the company’s stock, valued at approximately $372,000.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.0% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 123,366,633 shares of the company’s stock valued at $3,348,170,000 after purchasing an additional 3,611,613 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 127.4% during 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 acquiring an additional 1,547,664 shares in the last quarter. Unison Advisors LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.5% during the fourth quarter. Unison Advisors LLC now owns 2,677,086 shares of the company’s stock valued at $72,656,000 after acquiring an additional 90,429 shares in the last quarter. Morningstar Investment Services LLC increased its position in shares of 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 valued at $32,244,000 after acquiring an additional 584,272 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at approximately $22,872,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of FNDE traded down $0.08 on Friday, hitting $30.11. 697,121 shares of the stock traded hands, compared to its average volume of 607,001. The company has a market capitalization of $6.03 billion, a PE ratio of 7.83 and a beta of 0.79. The business has a 50 day simple moving average of $29.61 and a 200 day simple moving average of $27.99. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $25.13 and a one year high of $30.72.

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.