Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Short Interest Update

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 410,576 shares, a decline of 52.5% from the June 15th total of 863,970 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,595,279 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Schwab Fundamental U.S. Large Company ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FNDX. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $719,000. AQR Capital Management LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $739,000. Jane Street Group LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 39.9% during the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after purchasing an additional 25,267 shares during the period. Baird Financial Group Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock valued at $661,000 after purchasing an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in Schwab Fundamental U.S. Large Company ETF by 6,798.4% during the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after purchasing an additional 16,792 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%

FNDX stock opened at $31.48 on Tuesday. The firm has a market cap of $26.29 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $24.27 and a 1 year high of $31.61. The company has a fifty day simple moving average of $30.90 and a 200 day simple moving average of $29.30.

Schwab Fundamental U.S. Large Company ETF Company 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.