Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. decreased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 23.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 273,108 shares of the company’s stock after selling 84,692 shares during the period. Cabot Wealth Management Inc.’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $7,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FNDE. JPMorgan Chase & Co. grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% in the third quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock worth $6,150,000 after acquiring an additional 163,597 shares in the last quarter. Park Avenue Securities LLC grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.4% during the 4th quarter. Park Avenue Securities LLC now owns 10,655 shares of the company’s stock worth $310,000 after purchasing an additional 1,256 shares in the last quarter. Stifel Financial Corp grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 50,547 shares of the company’s stock worth $1,631,000 after purchasing an additional 1,829 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 9.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 69,610 shares of the company’s stock worth $2,022,000 after purchasing an additional 6,011 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at about $164,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of FNDE opened at $31.23 on Friday. The stock has a 50-day simple moving average of $29.51 and a 200-day simple moving average of $30.40. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $27.02 and a 1 year high of $33.99. The stock has a market capitalization of $6.26 billion, a PE 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.