76,561 Shares in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 76,561 shares of the company’s stock, valued at approximately $2,224,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Smartleaf Asset Management LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% during the 4th 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 during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock valued at $35,000 after buying an additional 558 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter worth about $48,000. Lee Danner & Bass Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at about $55,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at about $58,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE opened at $30.01 on Friday. The stock’s 50 day simple moving average is $30.19 and its 200 day simple moving average is $30.31. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 9.38 and a beta of 0.59. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $26.43 and a 1 year high of $34.00.

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.