January Capital Advisors LLC Increases Stock Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

January Capital Advisors LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 778.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 212,219 shares of the company’s stock after buying an additional 188,063 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 7.1% of January Capital Advisors LLC’s holdings, making the stock its 5th largest holding. January Capital Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $8,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in Schwab Fundamental Emerging Markets Equity ETF by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after purchasing an additional 1,100,486 shares during the last quarter. Morgan Stanley raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% during the fourth quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock valued at $147,096,000 after buying an additional 1,281,067 shares during the last quarter. Bank of America Corp DE raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% during the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock valued at $107,101,000 after buying an additional 641,952 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock valued at $43,070,000 after buying an additional 1,187,646 shares during the period. Finally, Osaic Holdings Inc. grew its position in Schwab Fundamental Emerging Markets Equity ETF by 27.9% during the fourth quarter. Osaic Holdings Inc. now owns 1,086,047 shares of the company’s stock worth $39,167,000 after buying an additional 237,007 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE stock opened at $43.08 on Monday. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $34.51 and a twelve month high of $43.18. The company has a market cap of $10.15 billion, a PE ratio of 10.04 and a beta of 0.55. The business’s 50-day simple moving average is $41.01 and its 200 day simple moving average is $40.24.

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