Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Newly Purchased by Lee Financial Co

Lee Financial Co purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 45,769 shares of the company’s stock, valued at approximately $1,916,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Traub Capital Management LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the 1st quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock valued at $706,000 after acquiring an additional 260 shares in the last quarter. Atomic Invest LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 101.9% in the second quarter. Atomic Invest LLC now owns 624 shares of the company’s stock worth $25,000 after acquiring an additional 315 shares during the last quarter. Allen Capital Group LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.4% in the first quarter. Allen Capital Group LLC now owns 95,989 shares of the company’s stock worth $3,673,000 after acquiring an additional 348 shares during the last quarter. Firestone Capital Management lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.0% during the second quarter. Firestone Capital Management now owns 22,548 shares of the company’s stock worth $895,000 after purchasing an additional 655 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.7% during the first quarter. Silver Oak Securities Incorporated now owns 104,841 shares of the company’s stock worth $4,011,000 after purchasing an additional 700 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE opened at $42.44 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $34.99 and a one year high of $43.18. The company’s 50 day simple moving average is $42.22 and its 200-day simple moving average is $41.02. The stock has a market capitalization of $10.40 billion, a P/E ratio of 10.04 and a beta of 0.56.

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.