Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Sets New 12-Month High – Here’s What Happened

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $31.58 and last traded at $31.57, with a volume of 116533 shares changing hands. The stock had previously closed at $31.41.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.3%

The stock’s 50-day simple moving average is $30.87 and its 200-day simple moving average is $29.27. The stock has a market cap of $26.31 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

Institutional Investors Weigh In On Schwab Fundamental U.S. Large Company ETF

Several institutional investors have recently made changes to their positions in FNDX. Revolve Wealth Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $719,000. AQR Capital Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at $739,000. Jane Street Group LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% during the 1st quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after purchasing an additional 25,267 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% during the 2nd quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after purchasing an additional 645 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of 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 worth $418,000 after purchasing an additional 16,792 shares during the period.

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.