CoreCap Advisors LLC Decreases Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

CoreCap Advisors LLC cut its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 52.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 25,440 shares of the exchange traded fund’s stock after selling 27,562 shares during the period. CoreCap Advisors LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $793,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BCS Wealth Management raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 32.5% during the 3rd quarter. BCS Wealth Management now owns 37,059 shares of the exchange traded fund’s stock worth $1,155,000 after acquiring an additional 9,098 shares in the last quarter. RHS Financial LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF in the third quarter worth $217,000. Capital Advantage Inc. raised its stake in Schwab Fundamental U.S. Small Company ETF by 9.9% during the third quarter. Capital Advantage Inc. now owns 109,177 shares of the exchange traded fund’s stock valued at $3,402,000 after purchasing an additional 9,805 shares in the last quarter. Cedar Point Capital Partners LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 5.6% during the third quarter. Cedar Point Capital Partners LLC now owns 46,070 shares of the exchange traded fund’s stock valued at $1,436,000 after purchasing an additional 2,440 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. lifted its position in Schwab Fundamental U.S. Small Company ETF by 4.8% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 14,003 shares of the exchange traded fund’s stock valued at $436,000 after purchasing an additional 643 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.9%

Shares of NYSEARCA:FNDA opened at $33.33 on Friday. The firm has a fifty day simple moving average of $31.49 and a two-hundred day simple moving average of $30.79. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $23.49 and a 52 week high of $33.41. The stock has a market capitalization of $9.48 billion, a P/E ratio of 17.12 and a beta of 1.10.

About Schwab Fundamental U.S. Small Company ETF

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.