Foster & Motley Inc. Decreases Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Foster & Motley Inc. lessened its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDEFree Report) by 2.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,278,782 shares of the company’s stock after selling 27,037 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 2.5% of Foster & Motley Inc.’s portfolio, making the stock its 6th biggest position. Foster & Motley Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $46,241,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Mather Group LLC. bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $36,000. PFS Partners LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at approximately $39,000. Pflug Koory LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth approximately $41,000. First Horizon Advisors Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock worth $41,000 after buying an additional 1,131 shares during the period. Finally, Pin Oak Investment Advisors Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth approximately $42,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA FNDE opened at $37.01 on Thursday. The firm has a 50 day moving average price of $36.61 and a two-hundred day moving average price of $35.41. The stock has a market cap of $8.39 billion, a P/E ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $26.43 and a 52-week high of $37.83.

Schwab Fundamental Emerging Markets Equity ETF Company Profile

(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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.

See Also

Want to see what other hedge funds are holding FNDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDEFree Report).

Institutional Ownership by Quarter for Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE)

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