Clark Capital Management Group Inc. Has $66.99 Million Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Clark Capital Management Group Inc. lessened its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 11.5% in the fourth quarter, HoldingsChannel reports. The fund owned 2,461,818 shares of the company’s stock after selling 319,258 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $66,986,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $719,000. AQR Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $739,000. Jane Street Group LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after purchasing an additional 25,267 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock valued at $661,000 after purchasing an additional 645 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after purchasing an additional 16,792 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.3%

FNDX stock opened at $31.33 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $23.89 and a twelve month high of $31.56. The stock’s 50 day moving average is $30.14 and its 200-day moving average is $28.77. The firm has a market capitalization of $26.98 billion, a PE ratio of 17.86 and a beta of 0.87.

About Schwab Fundamental U.S. Large Company ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.