Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sees Large Volume Increase – What’s Next?

Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) saw an uptick in trading volume on Tuesday . 2,245,514 shares traded hands during mid-day trading, an increase of 282% from the previous session’s volume of 587,203 shares.The stock last traded at $28.08 and had previously closed at $28.50.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

The firm has a market cap of $8.75 billion, a P/E ratio of 17.80 and a beta of 1.22. The stock has a fifty day simple moving average of $29.99 and a 200 day simple moving average of $30.06.

Institutional Trading of Schwab Fundamental U.S. Small Company Index ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brooklyn FI LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth $729,000. Integrated Advisors Network LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.1% in the fourth quarter. Integrated Advisors Network LLC now owns 7,480 shares of the exchange traded fund’s stock worth $222,000 after acquiring an additional 3,742 shares during the period. Wilkins Miller Wealth Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth $243,000. Liberty Square Wealth Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth $3,238,000. Finally, Great Valley Advisor Group Inc. grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 354.8% in the fourth quarter. Great Valley Advisor Group Inc. now owns 131,819 shares of the exchange traded fund’s stock worth $3,916,000 after acquiring an additional 102,832 shares during the period.

About Schwab Fundamental U.S. Small Company Index ETF

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.