Schwab Fundamental U.S. Large Company ETF $FNDX Shares Purchased by Novem Group

Novem Group raised its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 33.2% in the fourth quarter, HoldingsChannel reports. The fund owned 168,955 shares of the company’s stock after purchasing an additional 42,073 shares during the period. Novem Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,597,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of FNDX. Revolve Wealth Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $719,000. AQR Capital Management LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $739,000. Jane Street Group LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after acquiring an additional 25,267 shares during the period. Baird Financial Group Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock valued at $661,000 after acquiring an additional 645 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after acquiring an additional 16,792 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.0%

Shares of NYSEARCA:FNDX opened at $29.43 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $21.35 and a 12-month high of $29.51. The company has a market capitalization of $25.24 billion, a PE ratio of 17.86 and a beta of 0.88. The business has a 50 day moving average of $28.48 and a two-hundred day moving average of $27.66.

About Schwab Fundamental U.S. Large Company 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.