Redhawk Wealth Advisors Inc. Purchases 13,658 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Redhawk Wealth Advisors Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 125.2% during the second quarter, HoldingsChannel.com reports. The firm owned 24,568 shares of the company’s stock after acquiring an additional 13,658 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $975,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $321,000. Royal Bank of Canada grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the 1st quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after acquiring an additional 886 shares during the period. Baird Financial Group Inc. grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the 2nd quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock worth $3,012,000 after acquiring an additional 13,653 shares during the period. Cerity Partners LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the 2nd quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock valued at $1,366,000 after acquiring an additional 930 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 81.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock valued at $3,810,000 after acquiring an additional 51,787 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.0%

FNDE stock opened at $41.36 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $34.07 and a twelve month high of $42.43. The company has a market cap of $9.74 billion, a P/E ratio of 10.04 and a beta of 0.56. The business’s fifty day moving average is $40.54 and its 200-day moving average is $39.92.

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.