Professional Financial Management Inc. Purchases 14,365 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Professional Financial Management Inc. grew its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 98.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,947 shares of the company’s stock after buying an additional 14,365 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 1.2% of Professional Financial Management Inc.’s investment portfolio, making the stock its 18th largest position. Professional Financial Management Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $1,212,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Traub Capital Management LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the first quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock worth $706,000 after acquiring an additional 260 shares during the last quarter. Atomic Invest LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF by 101.9% in the second quarter. Atomic Invest LLC now owns 624 shares of the company’s stock valued at $25,000 after purchasing an additional 315 shares during the period. Allen Capital Group LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF by 0.4% in the first quarter. Allen Capital Group LLC now owns 95,989 shares of the company’s stock valued at $3,673,000 after purchasing an additional 348 shares during the period. SteelPeak Wealth LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF by 2.6% in the third quarter. SteelPeak Wealth LLC now owns 13,605 shares of the company’s stock valued at $570,000 after purchasing an additional 348 shares during the period. Finally, Root Financial Partners LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.7% in the 3rd quarter. Root Financial Partners LLC now owns 13,690 shares of the company’s stock valued at $573,000 after purchasing an additional 614 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.7%

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $41.68 on Friday. The firm has a market cap of $10.21 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $34.99 and a 52 week high of $43.18. The business’s fifty day simple moving average is $42.27 and its 200-day simple moving average is $41.16.

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.