Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) saw unusually-high trading volume on Tuesday . Approximately 5,555,359 shares changed hands during mid-day trading, an increase of 3,603% from the previous session’s volume of 150,039 shares.The stock last traded at $49.84 and had previously closed at $50.61.

Schwab Fundamental International Small Equity ETF Price Performance

The stock has a 50-day simple moving average of $47.95 and a 200-day simple moving average of $46.76. The stock has a market cap of $3.38 billion, a P/E ratio of 13.87 and a beta of 0.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Litman Gregory Wealth Management LLC bought a new position in Schwab Fundamental International Small Equity ETF in the fourth 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 valued at about $35,000. Palisade Asset Management LLC bought a new position in Schwab Fundamental International Small Equity ETF in the third quarter valued at about $43,000. US Bancorp DE grew its position 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 valued at $46,000 after acquiring an additional 974 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position 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 valued at $53,000 after acquiring an additional 514 shares during the last quarter.

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.