Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sets New 52-Week High – Time to Buy?

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) reached a new 52-week high during trading on Monday . The company traded as high as $32.44 and last traded at $32.38, with a volume of 24628 shares trading hands. The stock had previously closed at $31.86.

Schwab Fundamental U.S. Small Company Index ETF Price Performance

The stock has a market cap of $4.73 billion, a P/E ratio of 14.98 and a beta of 1.18. The company has a fifty day moving average of $30.14 and a 200 day moving average of $28.91.

Institutional Trading of Schwab Fundamental U.S. Small Company Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. O Shaughnessy Asset Management LLC grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 22.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 5,026 shares of the exchange traded fund’s stock worth $287,000 after acquiring an additional 908 shares during the period. Comerica Bank lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 30.4% during the first quarter. Comerica Bank now owns 8,166 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 1,904 shares during the last quarter. National Wealth Management Group LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 6.3% in the 1st quarter. National Wealth Management Group LLC now owns 4,641 shares of the exchange traded fund’s stock worth $265,000 after acquiring an additional 273 shares during the last quarter. Cedar Point Capital Partners LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 4.2% in the first quarter. Cedar Point Capital Partners LLC now owns 18,283 shares of the exchange traded fund’s stock worth $1,043,000 after acquiring an additional 735 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 496.1% during the first quarter. Cetera Investment Advisers now owns 40,380 shares of the exchange traded fund’s stock valued at $2,303,000 after acquiring an additional 33,606 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Company Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.