Tower Research Capital LLC TRC Boosts Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Tower Research Capital LLC TRC grew its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 1,255.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,505 shares of the company’s stock after acquiring an additional 1,394 shares during the period. Tower Research Capital LLC TRC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $41,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FNDE. Commonwealth Equity Services LLC boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 33,952 shares of the company’s stock worth $890,000 after purchasing an additional 835 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 17.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 39,629 shares of the company’s stock worth $1,039,000 after purchasing an additional 5,995 shares in the last quarter. Raymond James & Associates boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 39.2% in the 3rd quarter. Raymond James & Associates now owns 406,598 shares of the company’s stock worth $10,661,000 after purchasing an additional 114,602 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 12.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 300,411 shares of the company’s stock worth $7,877,000 after purchasing an additional 32,141 shares in the last quarter. Finally, Cutler Investment Counsel LLC boosted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.0% in the 3rd quarter. Cutler Investment Counsel LLC now owns 23,389 shares of the company’s stock worth $613,000 after purchasing an additional 687 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of FNDE traded up $0.67 during mid-day trading on Thursday, reaching $28.96. The company had a trading volume of 510,757 shares, compared to its average volume of 644,895. The company has a market capitalization of $5.80 billion, a price-to-earnings ratio of 7.32 and a beta of 0.76. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $25.13 and a 52 week high of $29.01. The firm has a 50-day moving average price of $27.71 and a 200 day moving average price of $26.89.

Schwab Fundamental Emerging Markets Large Company Index 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.