Unison Advisors LLC Sells 31,146 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Unison Advisors LLC lessened its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.2% during the 3rd quarter, Holdings Channel reports. The fund owned 940,701 shares of the company’s stock after selling 31,146 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 2.8% of Unison Advisors LLC’s holdings, making the stock its 8th largest position. Unison Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $39,387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atomic Invest LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 101.9% in the 2nd quarter. Atomic Invest LLC now owns 624 shares of the company’s stock worth $25,000 after acquiring an additional 315 shares in the last quarter. Valley National Advisers Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the third quarter valued at about $30,000. Allied Private Wealth LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at about $38,000. Align Financial LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $44,000. Finally, SYM FINANCIAL Corp purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $45,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.57 on Friday. The company has a market capitalization of $9.96 billion, a PE ratio of 10.04 and a beta of 0.56. The company has a 50-day simple moving average of $42.21 and a two-hundred day simple moving average of $40.48. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $34.99 and a one year high of $43.18.

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.