Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Sees Strong Trading Volume – Here’s Why

Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDEGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,011,606 shares traded hands during trading, an increase of 180% from the previous session’s volume of 1,075,514 shares.The stock last traded at $35.1150 and had previously closed at $35.46.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

The stock has a market cap of $7.66 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. The company has a 50-day moving average of $36.63 and a 200-day moving average of $35.01.

Institutional Trading of Schwab Fundamental Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in FNDE. Cullen Frost Bankers Inc. purchased a new position in Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth $29,000. Mather Group LLC. acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at $36,000. Russell Investments Group Ltd. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares in the last quarter. PFS Partners LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth about $39,000. Finally, Pflug Koory LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter valued at approximately $41,000.

Schwab Fundamental Emerging Markets Equity ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Schwab Fundamental Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.