Larson Financial Group LLC Raises Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Larson Financial Group LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 58.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,689 shares of the company’s stock after acquiring an additional 5,031 shares during the period. Larson Financial Group LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after acquiring an additional 1,159 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in 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 valued at $35,000 after purchasing an additional 558 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at about $164,000. PNC Financial Services Group Inc. lifted its stake in shares of 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 in the last quarter. Finally, Intelligence Driven Advisers LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth about $200,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

FNDE stock opened at $30.56 on Tuesday. The firm has a market cap of $6.48 billion, a P/E ratio of 9.23 and a beta of 0.73. 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 stock has a 50-day simple moving average of $29.82 and a 200-day simple moving average of $30.51.

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.