Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Shares Break Below 200-Day Moving Average – Time to Sell?

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $49.15 and traded as low as $49.01. Schwab Fundamental International Small Equity ETF shares last traded at $49.13, with a volume of 55,348 shares changing hands.

Schwab Fundamental International Small Equity ETF Trading Down 0.2%

The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 13.87 and a beta of 0.79. The firm has a 50-day moving average price of $50.16 and a 200-day moving average price of $49.15.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Large investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC grew its stake in shares of Schwab Fundamental International Small Equity ETF by 3.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,166 shares of the company’s stock worth $591,000 after purchasing an additional 372 shares during the last quarter. Allied Private Wealth LLC bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the 2nd quarter worth approximately $26,000. Waverly Advisors LLC raised its holdings in shares of Schwab Fundamental International Small Equity ETF by 11.6% in the 2nd quarter. Waverly Advisors LLC now owns 6,009 shares of the company’s stock worth $292,000 after purchasing an additional 627 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Schwab Fundamental International Small Equity ETF by 7.6% in the 1st quarter. Cetera Investment Advisers now owns 9,773 shares of the company’s stock worth $453,000 after purchasing an additional 688 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its stake in Schwab Fundamental International Small Equity ETF by 234.0% during the second quarter. Anchor Investment Management LLC now owns 1,002 shares of the company’s stock valued at $49,000 after purchasing an additional 702 shares during the last quarter.

Schwab Fundamental International Small Equity ETF Company Profile

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.