Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Hits New 1-Year High – Time to Buy?

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $30.26 and last traded at $30.19, with a volume of 2375845 shares. The stock had previously closed at $29.89.

Schwab Fundamental U.S. Large Company ETF Stock Performance

The company has a market capitalization of $26.00 billion, a PE ratio of 17.86 and a beta of 0.88. The company has a 50 day moving average price of $28.60 and a 200 day moving average price of $27.88.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Keenan LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $27,000. Resources Management Corp CT ADV purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at approximately $28,000. Valued Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the first quarter worth $30,000. Finally, Capital Investment Advisory Services LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 82.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after purchasing an additional 615 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Company 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.