Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sees Unusually-High Trading Volume – What’s Next?

Shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) saw an uptick in trading volume on Wednesday . 3,041,678 shares were traded during mid-day trading, an increase of 189% from the previous session’s volume of 1,053,534 shares.The stock last traded at $32.45 and had previously closed at $32.25.

Schwab Fundamental International Large Company Index ETF Trading Up 6.8 %

The stock has a market cap of $13.68 billion, a PE ratio of 11.62 and a beta of 0.75. The business has a 50-day moving average price of $35.70 and a 200 day moving average price of $35.28.

Institutional Investors Weigh In On Schwab Fundamental International Large Company Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Fundamental International Large Company Index ETF by 7.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 148,029,946 shares of the company’s stock valued at $4,916,075,000 after purchasing an additional 10,073,915 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Schwab Fundamental International Large Company Index ETF by 7.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,952,297 shares of the company’s stock valued at $596,196,000 after buying an additional 1,297,835 shares in the last quarter. Jane Street Group LLC purchased a new position in Schwab Fundamental International Large Company Index ETF during the 4th quarter valued at about $32,721,000. OLD Mission Capital LLC increased its position in shares of Schwab Fundamental International Large Company Index ETF by 300.8% during the fourth quarter. OLD Mission Capital LLC now owns 1,088,960 shares of the company’s stock valued at $36,164,000 after buying an additional 817,289 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in shares of Schwab Fundamental International Large Company Index ETF in the fourth quarter worth about $25,145,000.

Schwab Fundamental International Large Company Index ETF Company Profile

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.