Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Reaches New 12-Month High – Should You Buy?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) hit a new 52-week high on Friday . The company traded as high as $50.23 and last traded at $50.23, with a volume of 116750 shares trading hands. The stock had previously closed at $49.84.

Schwab Fundamental International Small Equity ETF Price Performance

The firm has a market capitalization of $3.40 billion, a P/E ratio of 13.87 and a beta of 0.81. The stock’s fifty day simple moving average is $46.72 and its 200 day simple moving average is $45.16.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FNDC. Cornerstone Planning Group LLC grew its holdings in Schwab Fundamental International Small Equity ETF by 121,826.2% in the third quarter. Cornerstone Planning Group LLC now owns 1,605,768 shares of the company’s stock worth $71,473,000 after purchasing an additional 1,604,451 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in shares of Schwab Fundamental International Small Equity ETF by 2.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 595,403 shares of the company’s stock worth $26,525,000 after purchasing an additional 14,032 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Schwab Fundamental International Small Equity ETF by 254.6% in the 4th quarter. Focus Partners Wealth now owns 504,392 shares of the company’s stock worth $22,471,000 after purchasing an additional 362,134 shares in the last quarter. Kelman Lazarov Inc. grew its stake in Schwab Fundamental International Small Equity ETF by 0.3% during the 4th quarter. Kelman Lazarov Inc. now owns 475,257 shares of the company’s stock worth $21,173,000 after buying an additional 1,317 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Schwab Fundamental International Small Equity ETF by 246.3% during the 2nd quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock valued at $19,226,000 after buying an additional 325,196 shares in the last quarter.

About Schwab Fundamental International Small Equity ETF

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.