MAI Capital Management Has $4.80 Million Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

MAI Capital Management lifted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 13.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,625 shares of the company’s stock after buying an additional 15,322 shares during the period. MAI Capital Management’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $4,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 14.6% in the 3rd quarter. AE Wealth Management LLC now owns 2,336 shares of the company’s stock valued at $84,000 after acquiring an additional 298 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF by 4.3% in the third quarter. OneDigital Investment Advisors LLC now owns 7,566 shares of the company’s stock valued at $274,000 after purchasing an additional 309 shares in the last quarter. Bank of Montreal Can lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 2.5% during the second quarter. Bank of Montreal Can now owns 13,164 shares of the company’s stock worth $435,000 after purchasing an additional 324 shares during the period. Focus Financial Network Inc. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the third quarter. Focus Financial Network Inc. now owns 24,258 shares of the company’s stock worth $877,000 after buying an additional 344 shares in the last quarter. Finally, REDW Wealth LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 6.9% in the 3rd quarter. REDW Wealth LLC now owns 8,576 shares of the company’s stock valued at $310,000 after buying an additional 557 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 1.2%

Shares of NYSEARCA:FNDE opened at $40.38 on Friday. The firm has a 50 day moving average of $38.27 and a 200-day moving average of $36.78. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $26.43 and a 12 month high of $40.92. The stock has a market capitalization of $9.21 billion, a PE ratio of 10.04 and a beta of 0.62.

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.