Envestnet Asset Management Inc. Buys 217,055 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Envestnet Asset Management Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 31.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 909,134 shares of the company’s stock after purchasing an additional 217,055 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $26,883,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNDE. Triad Wealth Partners LLC bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 2nd quarter valued at approximately $26,000. BOK Financial Private Wealth Inc. purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the first quarter valued at approximately $27,000. Iron Horse Wealth Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the second quarter worth approximately $31,000. SYM FINANCIAL Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the second quarter worth $32,000. Finally, Mather Group LLC. bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 1st quarter valued at $36,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of Schwab Fundamental Emerging Markets Large Company Index ETF stock opened at $30.15 on Friday. Schwab Fundamental Emerging Markets Large Company Index ETF has a fifty-two week low of $25.13 and a fifty-two week high of $30.83. The company has a market capitalization of $6.04 billion, a P/E ratio of 7.83 and a beta of 0.79. The company has a fifty day moving average of $29.59 and a 200 day moving average of $29.15.

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.