Clarity Retirement & Wealth LLC Buys Shares of 25,457 Schwab Fundamental Emerging Markets Equity ETF $FNDE

Clarity Retirement & Wealth LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 25,457 shares of the company’s stock, valued at approximately $918,000. Schwab Fundamental Emerging Markets Equity ETF makes up 0.8% of Clarity Retirement & Wealth LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Cerity Partners LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.9% in the 4th quarter. Cerity Partners LLC now owns 42,590 shares of the company’s stock valued at $1,536,000 after purchasing an additional 4,522 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 7.9% in the 4th quarter. LPL Financial LLC now owns 452,853 shares of the company’s stock valued at $16,330,000 after purchasing an additional 33,312 shares in the last quarter. Franklin Resources Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $101,000. O Shaughnessy Asset Management LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 42.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,396 shares of the company’s stock valued at $195,000 after purchasing an additional 1,602 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 20.5% in the 4th quarter. JPMorgan Chase & Co. now owns 288,279 shares of the company’s stock valued at $10,395,000 after purchasing an additional 48,950 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $40.22 on Tuesday. The stock’s fifty day moving average price is $40.25 and its two-hundred day moving average price is $38.67. The company has a market cap of $9.38 billion, a PE ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $32.10 and a fifty-two week high of $42.43.

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.