Ackerman Capital Advisors LLC Reduces Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Ackerman Capital Advisors LLC trimmed its stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 1.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 45,531 shares of the company’s stock after selling 750 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $1,323,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FNDE. FMR LLC increased its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% during the 3rd quarter. FMR LLC now owns 14,779,058 shares of the company’s stock worth $476,920,000 after purchasing an additional 1,828,216 shares in the last quarter. Foster & Motley Inc. boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.5% during the 4th quarter. Foster & Motley Inc. now owns 1,333,017 shares of the company’s stock worth $38,724,000 after purchasing an additional 6,623 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% during the third quarter. National Bank of Canada FI now owns 1,028,604 shares of the company’s stock worth $33,191,000 after buying an additional 34,070 shares in the last quarter. Morningstar Investment Management LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.7% in the fourth quarter. Morningstar Investment Management LLC now owns 626,746 shares of the company’s stock valued at $18,207,000 after buying an additional 16,244 shares during the last quarter. Finally, HHM Wealth Advisors LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 508,015 shares of the company’s stock valued at $14,758,000 after buying an additional 11,012 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE opened at $30.86 on Wednesday. The firm has a market cap of $6.18 billion, a P/E ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $27.02 and a 1 year high of $33.99. The firm’s 50 day moving average price is $29.56 and its 200 day moving average price is $30.46.

Schwab Fundamental Emerging Markets Large Company Index 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.