Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Hits New 52-Week High – What’s Next?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) hit a new 52-week high on Wednesday . The stock traded as high as $51.33 and last traded at $51.15, with a volume of 11931 shares traded. The stock had previously closed at $50.86.

Schwab Fundamental International Small Equity ETF Stock Performance

The business’s 50 day moving average price is $49.19 and its 200-day moving average price is $48.80. The firm has a market capitalization of $3.17 billion, a PE ratio of 13.87 and a beta of 0.75.

Institutional Trading of Schwab Fundamental International Small Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. grew its stake in shares of Schwab Fundamental International Small Equity ETF by 0.8% in the first quarter. GHP Investment Advisors Inc. now owns 600,222 shares of the company’s stock valued at $27,826,000 after buying an additional 4,819 shares in the last quarter. Focus Partners Wealth increased its stake in Schwab Fundamental International Small Equity ETF by 254.6% during the fourth quarter. Focus Partners Wealth now owns 504,392 shares of the company’s stock worth $22,471,000 after purchasing an additional 362,134 shares during the period. Kelman Lazarov Inc. lifted its position in shares of Schwab Fundamental International Small Equity ETF by 4.6% during the first quarter. Kelman Lazarov Inc. now owns 496,936 shares of the company’s stock worth $23,038,000 after purchasing an additional 21,679 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 246.3% in the second quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock valued at $19,226,000 after purchasing an additional 325,196 shares during the period. Finally, Citadel Advisors LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 512.1% in the third quarter. Citadel Advisors LLC now owns 340,229 shares of the company’s stock valued at $15,144,000 after purchasing an additional 284,641 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. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.