Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Reaches New 12-Month High at $31.00

Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.00 and last traded at $31.00, with a volume of 3695 shares traded. The stock had previously closed at $30.70.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

The firm’s 50 day moving average is $28.37 and its 200 day moving average is $27.30. The stock has a market cap of $6.10 billion, a P/E ratio of 7.83 and a beta of 0.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFG Advisory LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% in the fourth quarter. IFG Advisory LLC now owns 143,852 shares of the company’s stock worth $3,904,000 after buying an additional 4,681 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter valued at about $144,000. Planned Solutions Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at about $55,000. Kaizen Financial Strategies raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 1.7% in the fourth quarter. Kaizen Financial Strategies now owns 43,140 shares of the company’s stock worth $1,171,000 after purchasing an additional 738 shares during the last quarter. Finally, Wade G W & Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 6.9% in the fourth quarter. Wade G W & Inc. now owns 53,926 shares of the company’s stock worth $1,464,000 after purchasing an additional 3,474 shares during the last quarter.

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.