Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Shares Purchased by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 33.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,825 shares of the company’s stock after acquiring an additional 9,248 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $999,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 2.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 33,952 shares of the company’s stock valued at $890,000 after purchasing an additional 835 shares during the period. Wealthfront Advisers LLC raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 60.2% during the 3rd quarter. Wealthfront Advisers LLC now owns 18,422 shares of the company’s stock valued at $483,000 after acquiring an additional 6,926 shares in the last quarter. Larson Financial Group LLC raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 38.7% during the 3rd quarter. Larson Financial Group LLC now owns 3,214 shares of the company’s stock valued at $84,000 after acquiring an additional 896 shares in the last quarter. Ieq Capital LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at $217,000. Finally, Nicholas Hoffman & Company LLC. bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at $239,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Large Company Index ETF stock opened at $30.47 on Wednesday. The business’s fifty day moving average price is $28.37 and its two-hundred day moving average price is $27.30. The company has a market capitalization of $6.10 billion, a P/E 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 $30.72.

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.