Quantum Portfolio Management LLC Has $3.41 Million Stock Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Quantum Portfolio Management LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 27.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,010 shares of the company’s stock after buying an additional 19,103 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 0.0% of Quantum Portfolio Management LLC’s investment portfolio, making the stock its 21st biggest holding. Quantum Portfolio Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $3,406,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Delta Asset Management LLC TN bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth approximately $25,000. Phillips Financial Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $29,000. NBC Securities Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at $32,000. Finally, Russell Investments Group Ltd. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 1.2%

Schwab Fundamental Emerging Markets Equity ETF stock opened at $39.91 on Thursday. The firm has a market capitalization of $9.32 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. The firm’s fifty day moving average price is $40.60 and its two-hundred day moving average price is $39.25. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $33.10 and a 1-year high of $42.43.

About Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.