Envestnet Asset Management Inc. Sells 22,286 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Envestnet Asset Management Inc. cut its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,022,113 shares of the company’s stock after selling 22,286 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $29,692,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after buying an additional 1,159 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock valued at $35,000 after acquiring an additional 558 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter valued at $48,000. Lee Danner & Bass Inc. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth $55,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter worth $58,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Up 3.0 %

Shares of NYSEARCA FNDE opened at $28.89 on Friday. The firm has a market capitalization of $6.12 billion, a P/E ratio of 9.38 and a beta of 0.59. The firm’s 50-day moving average price is $30.38 and its 200-day moving average price is $30.54. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $26.43 and a 1-year high of $34.00.

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.