Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s share price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $54.53 and traded as high as $54.78. Schwab Fundamental International Equity ETF shares last traded at $54.77, with a volume of 1,638,468 shares changing hands.

Schwab Fundamental International Equity ETF Trading Up 2.2%

The stock has a market capitalization of $26.21 billion, a price-to-earnings ratio of 12.54 and a beta of 0.74. The firm’s 50 day simple moving average is $54.53 and its 200-day simple moving average is $52.55.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several hedge funds have recently bought and sold shares of the company. Keeler & Nadler Financial Planning & Wealth Management boosted its stake in shares of Schwab Fundamental International Equity ETF by 3.2% during the 3rd quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 584,878 shares of the company’s stock worth $31,437,000 after acquiring an additional 18,192 shares during the period. Concurrent Investment Advisors LLC increased its stake in Schwab Fundamental International Equity ETF by 131.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 92,863 shares of the company’s stock worth $4,899,000 after acquiring an additional 52,790 shares during the period. Barry Investment Advisors LLC lifted its position in Schwab Fundamental International Equity ETF by 3.2% during the second quarter. Barry Investment Advisors LLC now owns 824,655 shares of the company’s stock worth $43,509,000 after purchasing an additional 25,257 shares during the period. January Capital Advisors LLC raised its position in Schwab Fundamental International Equity ETF by 335.7% during the second quarter. January Capital Advisors LLC now owns 162,267 shares of the company’s stock valued at $8,561,000 after purchasing an additional 125,023 shares in the last quarter. Finally, Capital Wealth Management LLC lifted its position in shares of Schwab Fundamental International Equity ETF by 2.6% during the 2nd quarter. Capital Wealth Management LLC now owns 475,448 shares of the company’s stock worth $25,085,000 after buying an additional 12,052 shares during the last quarter.

Schwab Fundamental International Equity 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.