Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Reaches New 52-Week High – Should You Buy?

Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDEGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $39.14 and last traded at $38.97, with a volume of 1249858 shares trading hands. The stock had previously closed at $38.81.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.6%

The firm’s fifty day simple moving average is $36.91 and its 200-day simple moving average is $35.94. The company has a market cap of $9.05 billion, a PE ratio of 10.04 and a beta of 0.62.

Institutional Investors Weigh In On Schwab Fundamental Emerging Markets Equity ETF

A number of large investors have recently bought and sold shares of the stock. AlphaCore Capital LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 26,387.4% in the second quarter. AlphaCore Capital LLC now owns 585,637 shares of the company’s stock worth $19,332,000 after acquiring an additional 583,426 shares during the last quarter. Financial Consulate Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at $15,921,000. Balanced Wealth Group LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at $10,622,000. Tandem Financial LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth about $8,444,000. Finally, EP Wealth Advisors LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF by 371.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 306,241 shares of the company’s stock valued at $10,109,000 after purchasing an additional 241,281 shares during the last quarter.

About Schwab Fundamental Emerging Markets Equity ETF

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

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