TTP Investments Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,512,077 shares of the company’s stock, valued at approximately $47,585,000. Schwab Fundamental U.S. Large Company ETF accounts for about 18.9% of TTP Investments Inc.’s investment portfolio, making the stock its 2nd biggest holding.
Other institutional investors also recently modified their holdings of the company. Next Level Wealth Planning LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $26,000. Ascentis Independent Advisors bought a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $30,000. Richards Merrill & Peterson Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth approximately $40,000. Finally, Signature Resources Capital Management LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 161.1% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock worth $37,000 after buying an additional 812 shares in the last quarter.
Schwab Fundamental U.S. Large Company ETF Price Performance
Shares of NYSEARCA:FNDX opened at $32.57 on Wednesday. The company’s fifty day moving average price is $32.32 and its 200-day moving average price is $30.58. The firm has a market capitalization of $28.34 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a one year low of $25.87 and a one year high of $32.94.
Schwab Fundamental U.S. Large Company ETF Profile
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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