Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Reaches New 12-Month High – Time to Buy?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) hit a new 52-week high on Thursday . The stock traded as high as $45.60 and last traded at $45.48, with a volume of 138236 shares trading hands. The stock had previously closed at $45.14.

Schwab Fundamental International Small Equity ETF Price Performance

The stock has a 50-day moving average price of $44.44 and a 200-day moving average price of $43.38. The company has a market capitalization of $2.96 billion, a P/E ratio of 13.87 and a beta of 0.81.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FNDC. Blue Trust Inc. bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the 3rd quarter valued at $29,000. RMG Wealth Management LLC acquired a new position in Schwab Fundamental International Small Equity ETF in the second quarter valued at $39,000. Mather Group LLC. acquired a new position in Schwab Fundamental International Small Equity ETF in the third quarter valued at $43,000. Palisade Asset Management LLC bought a new stake in Schwab Fundamental International Small Equity ETF during the third quarter valued at $43,000. Finally, US Bancorp DE grew its holdings in Schwab Fundamental International Small Equity ETF by 1,623.3% during the 3rd quarter. US Bancorp DE now owns 1,034 shares of the company’s stock worth $46,000 after acquiring an additional 974 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.