Park Avenue Securities LLC Invests $202,000 in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Park Avenue Securities LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the first quarter, HoldingsChannel reports. The fund purchased 7,276 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 13.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,538 shares of the company’s stock worth $96,000 after acquiring an additional 426 shares during the period. Vivaldi Capital Management LP raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.9% during the fourth quarter. Vivaldi Capital Management LP now owns 56,132 shares of the company’s stock worth $1,490,000 after acquiring an additional 485 shares during the period. Versant Capital Management Inc raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5.2% during the first quarter. Versant Capital Management Inc now owns 9,885 shares of the company’s stock worth $274,000 after acquiring an additional 488 shares during the period. Occidental Asset Management LLC increased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.2% in the 4th quarter. Occidental Asset Management LLC now owns 43,474 shares of the company’s stock valued at $1,180,000 after buying an additional 532 shares during the last quarter. Finally, Addison Advisors LLC increased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 132.5% in the 4th quarter. Addison Advisors LLC now owns 937 shares of the company’s stock valued at $25,000 after buying an additional 534 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Up 0.5 %

Shares of FNDE stock opened at $29.76 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $25.13 and a 1 year high of $30.72. The firm’s fifty day moving average price is $29.52 and its two-hundred day moving average price is $27.96. The firm has a market capitalization of $5.96 billion, a P/E ratio of 7.83 and a beta of 0.79.

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.