Leavell Investment Management Inc. Purchases 5,165 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Leavell Investment Management Inc. boosted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 9.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 58,519 shares of the company’s stock after purchasing an additional 5,165 shares during the period. Leavell Investment Management Inc.’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $1,700,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FNDE. Whittier Trust Co. acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth $28,000. Angeles Wealth Management LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth $90,000. Signaturefd LLC increased its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 24.6% during the third quarter. Signaturefd LLC now owns 4,904 shares of the company’s stock worth $158,000 after buying an additional 968 shares during the last quarter. BNP Paribas Financial Markets bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter valued at about $164,000. Finally, Intelligence Driven Advisers LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth about $200,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE opened at $30.42 on Thursday. The business’s 50-day simple moving average is $29.52 and its 200-day simple moving average is $30.31. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $26.46 and a 52 week high of $33.99. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79.

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.