Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Bought by January Capital Advisors LLC

January Capital Advisors LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 778.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 212,219 shares of the company’s stock after acquiring an additional 188,063 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 7.1% of January Capital Advisors LLC’s holdings, making the stock its 5th largest position. January Capital Advisors LLC owned about 0.09% of Schwab Fundamental Emerging Markets Equity ETF worth $8,421,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Delta Asset Management LLC TN acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $25,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at approximately $29,000. Allied Private Wealth LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at approximately $38,000. Russell Investments Group Ltd. lifted its stake in shares of 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 buying an additional 712 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 213.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,155 shares of the company’s stock worth $42,000 after buying an additional 786 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA FNDE opened at $43.08 on Monday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $34.51 and a 1 year high of $43.18. The company has a fifty day simple moving average of $41.01 and a 200 day simple moving average of $40.24. The company has a market cap of $10.15 billion, a P/E ratio of 10.04 and a beta of 0.55.

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.