January Capital Advisors LLC Acquires New Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE

January Capital Advisors LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the first quarter, Holdings Channel.com reports. The fund acquired 24,156 shares of the company’s stock, valued at approximately $924,000. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 1.2% of January Capital Advisors LLC’s holdings, making the stock its 19th largest holding.

Several other large investors have also added to or reduced their stakes in the stock. Morgan Stanley boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the 4th quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock worth $147,096,000 after purchasing an additional 1,281,067 shares during the period. Wells Fargo & Company MN increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock valued at $43,070,000 after buying an additional 1,187,646 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after buying an additional 1,100,486 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% in the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after buying an additional 641,952 shares in the last quarter. Finally, Financial Consulate Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $15,921,000.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 2.1%

FNDE stock opened at $41.01 on Friday. The firm has a 50 day moving average of $40.49 and a 200-day moving average of $39.71. The firm has a market capitalization of $9.66 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $33.10 and a 12 month high of $42.43.

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