Custom Index Systems LLC Has $2.19 Million Stock Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Custom Index Systems LLC raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 17.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,704 shares of the company’s stock after purchasing an additional 10,206 shares during the quarter. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for 1.2% of Custom Index Systems LLC’s portfolio, making the stock its 16th largest holding. Custom Index Systems LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $2,185,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth about $26,000. Triad Wealth Partners LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the second quarter worth about $26,000. Whittier Trust Co. acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth approximately $28,000. BOK Financial Private Wealth Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the first quarter valued at approximately $27,000. Finally, Iron Horse Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the 2nd quarter worth about $31,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

FNDE traded down $0.04 during midday trading on Friday, hitting $31.81. The company had a trading volume of 470,074 shares, compared to its average volume of 576,505. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $25.13 and a twelve month high of $33.99. The company has a market capitalization of $6.37 billion, a PE ratio of 7.83 and a beta of 0.79. The firm’s 50-day simple moving average is $31.07 and its 200-day simple moving average is $29.95.

Schwab Fundamental Emerging Markets Large Company Index 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.