JPMorgan Chase & Co. Sells 19,744 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

JPMorgan Chase & Co. lessened its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 36.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,857 shares of the company’s stock after selling 19,744 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,430,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Clear Point Advisors Inc. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the second quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock worth $1,338,000 after purchasing an additional 202 shares during the period. Bruce G. Allen Investments LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the third quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after purchasing an additional 288 shares during the period. Castleview Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $32,000. Howe & Rusling Inc. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after purchasing an additional 468 shares during the period. Finally, Etfidea LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after purchasing an additional 473 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.9 %

FNDX stock opened at $24.59 on Wednesday. The stock has a market capitalization of $5.63 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.66 and a 12 month high of $25.17. The firm has a 50-day moving average price of $24.29 and a 200-day moving average price of $23.69.

About Schwab Fundamental U.S. Large Company Index ETF

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.