Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Sets New 12-Month High at $71.68

Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $71.68 and last traded at $71.62, with a volume of 7130 shares. The stock had previously closed at $71.53.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.2 %

The business’s fifty day moving average price is $69.08 and its two-hundred day moving average price is $67.31. The firm has a market cap of $16.41 billion, a P/E ratio of 17.79 and a beta of 0.84.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company Index ETF

Institutional investors have recently bought and sold shares of the stock. Cetera Advisor Networks LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% during the 4th quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock valued at $30,501,000 after acquiring an additional 442,176 shares during the last quarter. Avestar Capital LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $2,111,000. PNC Financial Services Group Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 14.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,515 shares of the company’s stock worth $404,000 after buying an additional 799 shares during the last quarter. Wedmont Private Capital boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 3.6% during the 1st quarter. Wedmont Private Capital now owns 11,857 shares of the company’s stock worth $790,000 after buying an additional 409 shares during the period. Finally, Chicago Partners Investment Group LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 24.1% in the 4th quarter. Chicago Partners Investment Group LLC now owns 9,062 shares of the company’s stock worth $563,000 after acquiring an additional 1,761 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.