Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Hits New 1-Year High – Time to Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $40.05 and last traded at $39.94, with a volume of 205469 shares traded. The stock had previously closed at $39.57.

Schwab Fundamental International Equity ETF Trading Up 0.4%

The stock has a market cap of $16.20 billion, a P/E ratio of 13.17 and a beta of 0.78. The business has a 50-day simple moving average of $37.57 and a 200 day simple moving average of $35.85.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FNDF. Charles Schwab Investment Management Inc. lifted its stake in Schwab Fundamental International Equity ETF by 7.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 148,029,946 shares of the company’s stock valued at $4,916,075,000 after buying an additional 10,073,915 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Schwab Fundamental International Equity ETF by 7.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,952,297 shares of the company’s stock worth $596,196,000 after acquiring an additional 1,297,835 shares in the last quarter. Jane Street Group LLC bought a new stake in Schwab Fundamental International Equity ETF in the fourth quarter valued at $32,721,000. OLD Mission Capital LLC raised its holdings in shares of Schwab Fundamental International Equity ETF by 300.8% during the fourth quarter. OLD Mission Capital LLC now owns 1,088,960 shares of the company’s stock valued at $36,164,000 after purchasing an additional 817,289 shares during the period. Finally, Susquehanna International Group LLP bought a new position in shares of Schwab Fundamental International Equity ETF during the 4th quarter worth about $25,145,000.

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.