Schwab Fundamental Emerging Markets Equity ETF $FNDE is Unison Advisors LLC’s 8th Largest Position

Unison Advisors LLC lowered its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 2.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 972,627 shares of the company’s stock after selling 25,937 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 2.8% of Unison Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Unison Advisors LLC owned 0.42% of Schwab Fundamental Emerging Markets Equity ETF worth $37,213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Delta Asset Management LLC TN purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $25,000. Phillips Financial Management LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth $29,000. NBC Securities Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth $32,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.6%

NYSEARCA FNDE traded down $0.65 during trading hours on Tuesday, reaching $39.47. 113,934 shares of the company were exchanged, compared to its average volume of 1,128,864. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $33.10 and a 1 year high of $42.43. The business’s 50 day simple moving average is $40.63 and its 200-day simple moving average is $39.18. The stock has a market capitalization of $9.22 billion, a P/E ratio of 10.04 and a beta of 0.56.

About Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.