EQ Wealth Advisors LLC Lowers Position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

EQ Wealth Advisors LLC reduced its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,317 shares of the company’s stock after selling 4,578 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 0.6% of EQ Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding. EQ Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $787,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dynamic Advisor Solutions LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at $431,000. Farther Finance Advisors LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 90.3% in the 1st quarter. Farther Finance Advisors LLC now owns 15,302 shares of the company’s stock valued at $361,000 after purchasing an additional 7,260 shares during the period. QRG Capital Management Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 29.5% in the 1st quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock valued at $644,000 after purchasing an additional 6,214 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 204.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 30,639 shares of the company’s stock valued at $726,000 after purchasing an additional 20,565 shares during the period. Finally, Millennium Management LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 900.0% in the 4th quarter. Millennium Management LLC now owns 28,880 shares of the company’s stock valued at $684,000 after purchasing an additional 25,992 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA:FNDX opened at $24.01 on Monday. The company has a market capitalization of $18.09 billion, a PE ratio of 18.51 and a beta of 0.94. The business has a fifty day moving average price of $23.32 and a two-hundred day moving average price of $23.71. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $25.17.

Schwab Fundamental U.S. Large Company ETF Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.