Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sets New 1-Year High – Time to Buy?

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

Schwab Fundamental International Small Equity ETF Stock Performance

The company has a 50 day simple moving average of $46.72 and a 200 day simple moving average of $45.14. The company has a market capitalization of $3.40 billion, a PE ratio of 13.87 and a beta of 0.81.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of FNDC. Blue Trust Inc. acquired a new stake in Schwab Fundamental International Small Equity ETF in the third quarter valued at approximately $29,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of Schwab Fundamental International Small Equity ETF in the 4th quarter valued at approximately $33,000. Ares Financial Consulting LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the 4th quarter valued at $35,000. Mather Group LLC. purchased a new stake in shares of Schwab Fundamental International Small Equity ETF during the 3rd quarter worth $43,000. Finally, Palisade Asset Management LLC acquired a new position in shares of Schwab Fundamental International Small Equity ETF during the third quarter worth $43,000.

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.