Lee Financial Co Makes New $1.92 Million Investment in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Lee Financial Co purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,769 shares of the company’s stock, valued at approximately $1,916,000.

Several other hedge funds have also added to or reduced their stakes in the company. Traub Capital Management LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the first quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock worth $706,000 after purchasing an additional 260 shares during the period. Atomic Invest LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 101.9% during the 2nd quarter. Atomic Invest LLC now owns 624 shares of the company’s stock worth $25,000 after purchasing an additional 315 shares during the last quarter. Allen Capital Group LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.4% during the 1st quarter. Allen Capital Group LLC now owns 95,989 shares of the company’s stock worth $3,673,000 after purchasing an additional 348 shares during the last quarter. Firestone Capital Management raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.0% during the 2nd quarter. Firestone Capital Management now owns 22,548 shares of the company’s stock worth $895,000 after purchasing an additional 655 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 104,841 shares of the company’s stock worth $4,011,000 after purchasing an additional 700 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.6%

Schwab Fundamental Emerging Markets Equity ETF stock opened at $42.44 on Friday. The company has a market cap of $10.40 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $34.99 and a 1 year high of $43.18. The company’s 50-day moving average is $42.22 and its two-hundred day moving average is $41.02.

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.