Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sets New 52-Week High – Here’s Why

Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $37.97 and last traded at $37.90, with a volume of 56395 shares changing hands. The stock had previously closed at $37.76.

Schwab Fundamental International Large Company Index ETF Price Performance

The stock has a market cap of $15.32 billion, a P/E ratio of 12.55 and a beta of 0.75. The company’s 50 day simple moving average is $36.20 and its 200 day simple moving average is $35.22.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FNDF. JPMorgan Chase & Co. raised its stake in Schwab Fundamental International Large Company Index ETF by 103.3% in the third quarter. JPMorgan Chase & Co. now owns 89,704 shares of the company’s stock valued at $3,352,000 after purchasing an additional 45,574 shares in the last quarter. Atomi Financial Group Inc. bought a new stake in shares of Schwab Fundamental International Large Company Index ETF during the fourth quarter worth $261,000. Merit Financial Group LLC grew its stake in shares of Schwab Fundamental International Large Company Index ETF by 29.2% during the fourth quarter. Merit Financial Group LLC now owns 16,491 shares of the company’s stock worth $548,000 after buying an additional 3,728 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Schwab Fundamental International Large Company Index ETF by 3.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 22,596 shares of the company’s stock worth $750,000 after buying an additional 739 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Schwab Fundamental International Large Company Index ETF during the fourth quarter worth $1,296,000.

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.