Schwab Fundamental Emerging Markets Equity ETF $FNDE Holdings Lifted by Seven Springs Wealth Group LLC

Seven Springs Wealth Group LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 10.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 436,600 shares of the company’s stock after buying an additional 40,732 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises about 3.8% of Seven Springs Wealth Group LLC’s holdings, making the stock its 7th biggest position. Seven Springs Wealth Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $15,787,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Cullen Frost Bankers Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at $29,000. Mather Group LLC. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth about $36,000. PFS Partners LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at about $39,000. First Horizon Advisors Inc. raised its stake in Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock valued at $41,000 after acquiring an additional 1,131 shares during the period. Finally, Pin Oak Investment Advisors Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at about $42,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 0.2%

NYSEARCA FNDE opened at $40.30 on Friday. The firm has a market cap of $9.20 billion, a P/E ratio of 10.04 and a beta of 0.62. The company’s 50 day moving average is $38.36 and its 200-day moving average is $36.83. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $26.43 and a 12-month high of $40.92.

Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.