Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Get Free Report) shares crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $32.32 and traded as high as $32.85. Schwab Fundamental U.S. Large Company ETF shares last traded at $32.75, with a volume of 5,236,697 shares.
Schwab Fundamental U.S. Large Company ETF Stock Performance
The company has a market capitalization of $28.57 billion, a PE ratio of 17.86 and a beta of 0.87. The company’s 50-day simple moving average is $32.32 and its 200-day simple moving average is $30.67.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $1,591,000. Thoroughbred Financial Services LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $4,790,000. Hantz Financial Services Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $68,000. Safe Harbor Family Capital LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 28.9% during the 3rd quarter. Safe Harbor Family Capital LLC now owns 188,038 shares of the company’s stock worth $5,918,000 after buying an additional 42,209 shares in the last quarter. Finally, Harbour Investments Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $1,066,000.
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.
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