Kathmere Capital Management LLC Boosts Stock Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Kathmere Capital Management LLC increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 6.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 327,253 shares of the company’s stock after acquiring an additional 19,916 shares during the quarter. Schwab Fundamental Emerging Markets Large Company Index ETF makes up about 1.0% of Kathmere Capital Management LLC’s investment portfolio, making the stock its 28th largest position. Kathmere Capital Management LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $9,677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elgethun Capital Management raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.7% in the second quarter. Elgethun Capital Management now owns 305,494 shares of the company’s stock valued at $9,033,000 after purchasing an additional 36,783 shares during the period. Bank of Montreal Can raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 267.7% in the second quarter. Bank of Montreal Can now owns 35,847 shares of the company’s stock valued at $1,068,000 after acquiring an additional 26,097 shares in the last quarter. Edge Capital Group LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 4.1% during the 2nd quarter. Edge Capital Group LLC now owns 156,660 shares of the company’s stock worth $4,632,000 after purchasing an additional 6,225 shares during the period. AE Wealth Management LLC purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 2nd quarter worth about $204,000. Finally, Callan Capital LLC raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 6.3% in the 2nd quarter. Callan Capital LLC now owns 545,790 shares of the company’s stock valued at $16,139,000 after purchasing an additional 32,545 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

FNDE stock opened at $32.63 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 $32.86. The company’s 50 day moving average price is $29.70 and its 200 day moving average price is $29.25. The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79.

Schwab Fundamental Emerging Markets Large Company Index ETF Company 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.