QRG Capital Management Inc. Takes $793,000 Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

QRG Capital Management Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 21,928 shares of the company’s stock, valued at approximately $793,000.

Other large investors also recently bought and sold shares of the company. Leavell Investment Management Inc. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 14.9% during the third quarter. Leavell Investment Management Inc. now owns 76,639 shares of the company’s stock valued at $2,771,000 after purchasing an additional 9,919 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 152,591 shares of the company’s stock valued at $5,518,000 after buying an additional 9,643 shares in the last quarter. Bangor Savings Bank lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 24.8% in the 3rd quarter. Bangor Savings Bank now owns 14,851 shares of the company’s stock valued at $537,000 after acquiring an additional 2,947 shares during the last quarter. Kiker Wealth Management LLC grew its position in Schwab Fundamental Emerging Markets Equity ETF by 1,842.7% in the third quarter. Kiker Wealth Management LLC now owns 1,457 shares of the company’s stock worth $53,000 after acquiring an additional 1,382 shares in the last quarter. Finally, MorganRosel Wealth Management LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 15.3% during the third quarter. MorganRosel Wealth Management LLC now owns 23,493 shares of the company’s stock worth $850,000 after acquiring an additional 3,116 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE stock opened at $38.10 on Thursday. The company has a market cap of $8.65 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $38.24. The stock’s 50 day simple moving average is $36.70 and its two-hundred day simple moving average is $35.73.

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.