Orion Portfolio Solutions LLC Decreases Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Orion Portfolio Solutions LLC decreased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 2.7% in the 4th quarter, Holdings Channel reports. The firm owned 158,112 shares of the company’s stock after selling 4,448 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $4,593,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% in the third quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock valued at $6,150,000 after purchasing an additional 163,597 shares during the last quarter. Park Avenue Securities LLC grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.4% in the 4th quarter. Park Avenue Securities LLC now owns 10,655 shares of the company’s stock valued at $310,000 after acquiring an additional 1,256 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 73.4% during the 4th quarter. Jones Financial Companies Lllp now owns 16,307 shares of the company’s stock valued at $474,000 after acquiring an additional 6,905 shares in the last quarter. Stifel Financial Corp raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 50,547 shares of the company’s stock worth $1,631,000 after acquiring an additional 1,829 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after purchasing an additional 1,159 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of FNDE opened at $30.77 on Monday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $27.12 and a 1-year high of $34.00. The firm has a 50 day simple moving average of $30.53 and a 200-day simple moving average of $30.66. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 10.45 and a beta of 0.73.

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.