Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sees Strong Trading Volume – Should You Buy?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) saw unusually-high trading volume on Wednesday. 458,616 shares traded hands during mid-day trading, an increase of 209% from the previous session’s volume of 148,587 shares. The stock last traded at $49.4960 and had previously closed at $50.04.

Schwab Fundamental International Small Equity ETF Stock Performance

The firm has a 50 day simple moving average of $50.66 and a two-hundred day simple moving average of $49.48. The stock has a market cap of $3.06 billion, a P/E ratio of 13.87 and a beta of 0.77.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Several large investors have recently bought and sold shares of the stock. Cherry Tree Wealth Management LLC increased its position in shares of Schwab Fundamental International Small Equity ETF by 8.7% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 195,984 shares of the company’s stock valued at $9,517,000 after purchasing an additional 15,672 shares during the period. Prairiewood Capital LLC lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 4.6% in the first quarter. Prairiewood Capital LLC now owns 301,819 shares of the company’s stock valued at $13,992,000 after buying an additional 13,238 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 63.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 39,449 shares of the company’s stock valued at $1,757,000 after buying an additional 15,319 shares during the period. Breakwater Capital Group boosted its stake in Schwab Fundamental International Small Equity ETF by 9.5% during the second quarter. Breakwater Capital Group now owns 190,984 shares of the company’s stock valued at $9,274,000 after buying an additional 16,529 shares in the last quarter. Finally, BFI Wealth Solutions LLC bought a new position in Schwab Fundamental International Small Equity ETF during the fourth quarter valued at about $2,529,000.

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.