Allen Capital Group LLC Sells 2,721 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Allen Capital Group LLC decreased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 2.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 96,866 shares of the company’s stock after selling 2,721 shares during the quarter. Allen Capital Group LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $2,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of FNDE. FMR LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% in the third quarter. FMR LLC now owns 14,779,058 shares of the company’s stock valued at $476,920,000 after buying an additional 1,828,216 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% in the third quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock worth $59,700,000 after purchasing an additional 891,287 shares during the period. JPMorgan Chase & Co. raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% in the third quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock valued at $6,150,000 after purchasing an additional 163,597 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth about $4,987,000. Finally, Systelligence LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 230.7% during the third quarter. Systelligence LLC now owns 215,660 shares of the company’s stock worth $6,959,000 after purchasing an additional 150,440 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDE opened at $29.54 on Wednesday. The company’s 50 day simple moving average is $29.70 and its 200 day simple moving average is $30.32. The stock has a market capitalization of $5.92 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $26.35 and a 1 year high of $33.99.

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.