Factor Wealth Management LTD Sells 15,579 Shares of Schwab Fundamental International Small Equity ETF $FNDC

Factor Wealth Management LTD reduced its stake in shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) by 13.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,181 shares of the company’s stock after selling 15,579 shares during the quarter. Factor Wealth Management LTD’s holdings in Schwab Fundamental International Small Equity ETF were worth $5,059,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Litman Gregory Wealth Management LLC bought a new stake in shares of Schwab Fundamental International Small Equity ETF during the 4th quarter valued at about $33,000. Ares Financial Consulting LLC bought a new position in Schwab Fundamental International Small Equity ETF in the fourth quarter worth about $35,000. Palisade Asset Management LLC bought a new position in Schwab Fundamental International Small Equity ETF in the third quarter worth about $43,000. US Bancorp DE lifted its holdings in 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 worth $46,000 after buying an additional 974 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Schwab Fundamental International Small Equity ETF by 75.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,196 shares of the company’s stock worth $53,000 after buying an additional 514 shares during the period.

Schwab Fundamental International Small Equity ETF Stock Performance

Shares of NYSEARCA:FNDC opened at $50.43 on Friday. The firm has a market capitalization of $3.12 billion, a P/E ratio of 13.87 and a beta of 0.75. The stock has a 50 day moving average price of $49.08 and a 200-day moving average price of $48.65. Schwab Fundamental International Small Equity ETF has a 52-week low of $42.95 and a 52-week high of $50.83.

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.