Murphy & Mullick Capital Management Corp Acquires Shares of 1,653 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Murphy & Mullick Capital Management Corp bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,653 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors have also modified their holdings of the stock. Smartleaf Asset Management LLC grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $34,000 after purchasing an additional 1,159 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock worth $35,000 after acquiring an additional 558 shares in the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at approximately $55,000. BNP Paribas Financial Markets acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at approximately $164,000. Finally, PNC Financial Services Group Inc. lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 137.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,643 shares of the company’s stock worth $164,000 after purchasing an additional 3,269 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE stock opened at $31.30 on Friday. The firm has a fifty day moving average price of $30.50 and a two-hundred day moving average price of $30.63. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $27.12 and a 1-year high of $34.00. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 10.45 and a beta of 0.73.

About Schwab Fundamental Emerging Markets Large Company Index ETF

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.