RHS Financial LLC Purchases 21,807 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

RHS Financial LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242,978 shares of the company’s stock after buying an additional 21,807 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises 4.3% of RHS Financial LLC’s portfolio, making the stock its largest position. RHS Financial LLC owned 0.11% of Schwab Fundamental Emerging Markets Equity ETF worth $8,762,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FNDE. Cullen Frost Bankers Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at approximately $29,000. Mather Group LLC. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth $36,000. Russell Investments Group Ltd. boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after purchasing an additional 712 shares during the period. PFS Partners LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the third quarter valued at $39,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the third quarter valued at $44,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $38.14 on Thursday. The company’s fifty day moving average is $38.87 and its two-hundred day moving average is $37.38. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $40.92. The stock has a market capitalization of $8.70 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.