Clarity Retirement & Wealth LLC Takes $918,000 Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Clarity Retirement & Wealth LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 25,457 shares of the company’s stock, valued at approximately $918,000. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 0.8% of Clarity Retirement & Wealth LLC’s portfolio, making the stock its 18th largest holding.

Other large investors also recently modified their holdings of the company. Embree Financial Group lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 93.1% in the 4th quarter. Embree Financial Group now owns 133,367 shares of the company’s stock valued at $4,809,000 after acquiring an additional 64,307 shares during the last quarter. Caerus Investment Advisors LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at $710,000. BCS Wealth Management lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 206.2% in the 4th quarter. BCS Wealth Management now owns 74,359 shares of the company’s stock valued at $2,681,000 after acquiring an additional 50,076 shares during the last quarter. Cowa LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.0% in the 3rd quarter. Cowa LLC now owns 307,229 shares of the company’s stock valued at $11,109,000 after acquiring an additional 30,350 shares during the last quarter. Finally, Brand Asset Management Group Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth $1,026,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.4%

Shares of NYSEARCA:FNDE opened at $40.22 on Tuesday. The firm has a market cap of $9.38 billion, a P/E ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $32.10 and a 12-month high of $42.43. The business has a fifty day simple moving average of $40.25 and a 200 day simple moving average of $38.67.

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.