Kathmere Capital Management LLC Raises Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Kathmere Capital Management LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 373,500 shares of the company’s stock after buying an additional 13,768 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises 0.9% of Kathmere Capital Management LLC’s portfolio, making the stock its 26th largest position. Kathmere Capital Management LLC owned about 0.16% of Schwab Fundamental Emerging Markets Equity ETF worth $13,468,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FNDE. Balanced Wealth Group LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $10,622,000. CVA Family Office LLC grew its position in Schwab Fundamental Emerging Markets Equity ETF by 34.6% in the fourth quarter. CVA Family Office LLC now owns 374,098 shares of the company’s stock valued at $13,490,000 after acquiring an additional 96,218 shares in the last quarter. Sax Wealth Advisors LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 9.9% during the fourth quarter. Sax Wealth Advisors LLC now owns 271,944 shares of the company’s stock valued at $9,806,000 after purchasing an additional 24,555 shares during the period. Foster Group Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.6% during the fourth quarter. Foster Group Inc. now owns 18,881 shares of the company’s stock valued at $681,000 after purchasing an additional 829 shares during the period. Finally, Certified Advisory Corp lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 12.5% during the fourth quarter. Certified Advisory Corp now owns 6,366 shares of the company’s stock worth $230,000 after purchasing an additional 705 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 2.1%

Shares of FNDE stock opened at $37.23 on Friday. The company has a market capitalization of $8.50 billion, a PE ratio of 10.04 and a beta of 0.62. The firm has a fifty day simple moving average of $38.88 and a 200-day simple moving average of $37.30. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $40.92.

Schwab Fundamental Emerging Markets Equity ETF Company 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.