QRG Capital Management Inc. Raises Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

QRG Capital Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 731.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,033 shares of the exchange traded fund’s stock after buying an additional 67,764 shares during the quarter. QRG Capital Management Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,400,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. AlphaCore Capital LLC boosted its stake in Schwab Fundamental U.S. Small Company ETF by 25,486.2% in the second quarter. AlphaCore Capital LLC now owns 897,565 shares of the exchange traded fund’s stock valued at $25,715,000 after acquiring an additional 894,057 shares during the last quarter. HORAN Wealth LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter worth approximately $7,632,000. Prairiewood Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 12.0% in the 2nd quarter. Prairiewood Capital LLC now owns 1,755,747 shares of the exchange traded fund’s stock worth $50,302,000 after purchasing an additional 187,569 shares during the period. Signal Tree Financial Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the second quarter valued at approximately $4,111,000. Finally, Flow Traders U.S. LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the second quarter valued at approximately $3,639,000.

Schwab Fundamental U.S. Small Company ETF Trading Down 0.3%

Shares of NYSEARCA FNDA opened at $33.88 on Tuesday. The stock has a fifty day simple moving average of $31.85 and a two-hundred day simple moving average of $31.02. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $23.49 and a 1-year high of $34.09. The firm has a market cap of $9.68 billion, a price-to-earnings 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.