QRG Capital Management Inc. Acquires 140,525 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

QRG Capital Management Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 470.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 170,413 shares of the company’s stock after purchasing an additional 140,525 shares during the period. QRG Capital Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,482,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FNDX. Paladin Advisory Group LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at approximately $25,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at $37,000. Bogart Wealth LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% during the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after purchasing an additional 777 shares during the period. Salomon & Ludwin LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% during the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock valued at $45,000 after purchasing an additional 1,062 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth about $50,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.4%

FNDX stock opened at $28.18 on Monday. The firm has a market capitalization of $23.12 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $28.36. The stock has a 50-day simple moving average of $27.24 and a two-hundred day simple moving average of $26.25.

Schwab Fundamental U.S. Large Company ETF Profile

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.