Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sees Unusually-High Trading Volume – What’s Next?

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) shares saw an uptick in trading volume on Tuesday . 338,183 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 254,954 shares.The stock last traded at $44.1750 and had previously closed at $44.28.

Schwab Fundamental International Small Equity ETF Stock Down 0.1%

The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81. The company’s fifty day moving average is $44.43 and its 200 day moving average is $43.45.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. bought a new position in shares of Schwab Fundamental International Small Equity ETF in the third quarter valued at about $29,000. RMG Wealth Management LLC acquired a new stake in Schwab Fundamental International Small Equity ETF during the second quarter worth approximately $39,000. Mather Group LLC. bought a new stake in shares of Schwab Fundamental International Small Equity ETF during the third quarter worth approximately $43,000. Palisade Asset Management LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF during the third quarter worth approximately $43,000. Finally, US Bancorp DE boosted its position in shares of Schwab Fundamental International Small Equity ETF by 1,623.3% in the third quarter. US Bancorp DE now owns 1,034 shares of the company’s stock valued at $46,000 after acquiring an additional 974 shares during the period.

About Schwab Fundamental International Small Equity ETF

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks.