IFP Advisors Inc Sells 3,154 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

IFP Advisors Inc cut its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 27.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,396 shares of the company’s stock after selling 3,154 shares during the quarter. IFP Advisors Inc’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Angeles Wealth Management LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth $90,000. BNP Paribas Financial Markets bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth approximately $164,000. Intelligence Driven Advisers LLC bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth approximately $200,000. Savvy Advisors Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth $210,000. Finally, US Bancorp DE boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 150.2% in the third quarter. US Bancorp DE now owns 6,950 shares of the company’s stock worth $224,000 after acquiring an additional 4,172 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Down 1.1 %

Shares of FNDE opened at $30.29 on Monday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12-month low of $27.11 and a 12-month high of $34.00. The company has a market capitalization of $6.07 billion, a PE ratio of 7.83 and a beta of 0.79. The business’s 50 day moving average is $29.66 and its 200 day moving average is $30.49.

About Schwab Fundamental Emerging Markets Large Company Index 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.