Capital Investment Advisory Services LLC Invests $95,000 in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Capital Investment Advisory Services LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,489 shares of the company’s stock, valued at approximately $95,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. FAS Wealth Partners Inc. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth approximately $25,000. Sheets Smith Wealth Management bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth approximately $29,000. MCF Advisors LLC grew its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 371.1% in the 3rd quarter. MCF Advisors LLC now owns 1,206 shares of the company’s stock worth $32,000 after buying an additional 950 shares in the last quarter. Lee Financial Co boosted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 194.3% during the 3rd quarter. Lee Financial Co now owns 1,545 shares of the company’s stock valued at $41,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Blue Trust Inc. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter valued at $48,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE opened at $27.85 on Thursday. The stock has a fifty day moving average price of $27.61 and a two-hundred day moving average price of $26.82. The firm has a market cap of $5.58 billion, a P/E ratio of 7.32 and a beta of 0.76. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $25.13 and a 1 year high of $28.53.

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.