Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC reduced its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 29.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,160 shares of the exchange traded fund’s stock after selling 26,748 shares during the period. Apollon Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FNDA. Salomon & Ludwin LLC increased its stake in Schwab Fundamental U.S. Small Company ETF by 110.7% during the 2nd quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 516 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter valued at about $35,000. SYM FINANCIAL Corp purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth about $36,000. PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $39,000. Finally, Hoey Investments Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $43,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of FNDA opened at $31.86 on Wednesday. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $32.72. The stock has a 50-day moving average price of $31.28 and a 200 day moving average price of $30.59. The company has a market capitalization of $9.08 billion, a P/E ratio of 17.12 and a beta of 1.10.

Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.