JPMorgan Chase & Co. Increases Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

JPMorgan Chase & Co. raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 606.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,568 shares of the company’s stock after purchasing an additional 163,597 shares during the quarter. JPMorgan Chase & Co. owned 0.10% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $6,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in FNDE. FMR LLC boosted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% in the third quarter. FMR LLC now owns 14,779,058 shares of the company’s stock valued at $476,920,000 after acquiring an additional 1,828,216 shares during the last quarter. Bogart Wealth LLC grew its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% during the third quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock valued at $59,700,000 after purchasing an additional 891,287 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 31.4% in the second quarter. Envestnet Asset Management Inc. now owns 909,134 shares of the company’s stock valued at $26,883,000 after buying an additional 217,055 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at $4,987,000. Finally, Systelligence LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 230.7% in the 3rd quarter. Systelligence LLC now owns 215,660 shares of the company’s stock worth $6,959,000 after acquiring an additional 150,440 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Up 1.3 %

NYSEARCA FNDE opened at $28.75 on Thursday. The company has a market cap of $5.76 billion, a PE ratio of 7.83 and a beta of 0.79. The firm’s 50-day simple moving average is $30.01 and its two-hundred day simple moving average is $30.37. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $25.44 and a 52 week high of $33.99.

Schwab Fundamental Emerging Markets Large Company Index ETF Company 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.