Summit X LLC Has $712,000 Position in Schwab Fundamental International Equity ETF $FNDF

Summit X LLC raised its position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 169.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,789 shares of the company’s stock after acquiring an additional 11,177 shares during the period. Summit X LLC’s holdings in Schwab Fundamental International Equity ETF were worth $712,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FNDF. WESCAP Management Group Inc. lifted its position in Schwab Fundamental International Equity ETF by 5.3% in the second quarter. WESCAP Management Group Inc. now owns 664,051 shares of the company’s stock worth $26,575,000 after purchasing an additional 33,202 shares during the period. AE Wealth Management LLC raised its stake in shares of Schwab Fundamental International Equity ETF by 35.4% in the 2nd quarter. AE Wealth Management LLC now owns 9,209 shares of the company’s stock valued at $369,000 after buying an additional 2,407 shares in the last quarter. Quadrant Private Wealth Management LLC lifted its holdings in shares of Schwab Fundamental International Equity ETF by 263.9% during the 2nd quarter. Quadrant Private Wealth Management LLC now owns 24,799 shares of the company’s stock worth $992,000 after acquiring an additional 17,985 shares during the period. KCM Investment Advisors LLC bought a new position in shares of Schwab Fundamental International Equity ETF during the 2nd quarter worth about $309,000. Finally, Vestmark Advisory Solutions Inc. bought a new stake in Schwab Fundamental International Equity ETF in the second quarter valued at about $34,284,000.

Schwab Fundamental International Equity ETF Stock Up 0.5%

NYSEARCA:FNDF opened at $44.03 on Friday. The firm has a market capitalization of $18.25 billion, a PE ratio of 12.54 and a beta of 0.79. Schwab Fundamental International Equity ETF has a 12-month low of $31.92 and a 12-month high of $44.57. The firm has a 50-day moving average price of $43.23 and a 200 day moving average price of $40.98.

About Schwab Fundamental International Equity ETF

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.