Kozak & Associates Inc. Buys 208,704 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Kozak & Associates Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 63,629.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 209,032 shares of the company’s stock after purchasing an additional 208,704 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for 1.4% of Kozak & Associates Inc.’s holdings, making the stock its 20th biggest position. Kozak & Associates Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $8,236,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at approximately $321,000. Royal Bank of Canada raised its stake 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. lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock valued at $3,012,000 after purchasing an additional 13,653 shares in the last quarter. Cerity Partners LLC lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock valued at $1,366,000 after purchasing an additional 930 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 81.4% in the second quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock worth $3,810,000 after purchasing an additional 51,787 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE opened at $41.33 on Tuesday. The company has a 50 day simple moving average of $40.52 and a two-hundred day simple moving average of $39.76. The firm has a market cap of $9.73 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $33.41 and a 1-year high of $42.43.

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.