Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 46.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 78,855 shares of the exchange traded fund’s stock after selling 67,486 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaCore Capital LLC grew its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.2% during the third quarter. AlphaCore Capital LLC now owns 917,082 shares of the exchange traded fund’s stock worth $28,576,000 after buying an additional 19,517 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter valued at approximately $48,804,000. QRG Capital Management Inc. boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 731.1% in the third quarter. QRG Capital Management Inc. now owns 77,033 shares of the exchange traded fund’s stock valued at $2,400,000 after purchasing an additional 67,764 shares in the last quarter. Clarius Group LLC boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 3.4% in the third quarter. Clarius Group LLC now owns 1,919,123 shares of the exchange traded fund’s stock valued at $59,800,000 after purchasing an additional 63,396 shares in the last quarter. Finally, Reston Wealth Management LLC boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 9.8% in the third quarter. Reston Wealth Management LLC now owns 187,540 shares of the exchange traded fund’s stock valued at $5,844,000 after purchasing an additional 16,699 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.5%

Shares of FNDA opened at $32.95 on Tuesday. The stock has a 50 day moving average price of $33.48 and a 200 day moving average price of $32.27. The company has a market capitalization of $9.43 billion, a price-to-earnings ratio of 17.12 and a beta of 1.07. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $23.49 and a 52-week high of $35.31.

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.