Summitry LLC Takes Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Summitry LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDAFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 48,417 shares of the exchange traded fund’s stock, valued at approximately $1,526,000.

Several other hedge funds also recently modified their holdings of the stock. Phillips Financial Management LLC bought a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $26,000. Cullen Frost Bankers Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $28,000. High Note Wealth LLC bought a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $34,000. Triumph Capital Management bought a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $38,000. Finally, Flagship Harbor Advisors LLC bought a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $45,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Schwab Fundamental U.S. Small Company ETF stock opened at $35.70 on Tuesday. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $26.96 and a 52 week high of $36.32. The stock has a market capitalization of $10.24 billion, a P/E ratio of 17.12 and a beta of 1.05. The stock has a 50-day simple moving average of $34.19 and a 200 day simple moving average of $33.23.

Schwab Fundamental U.S. Small Company ETF Company Profile

(Free Report)

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)

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