Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 46.1% in the third quarter, HoldingsChannel.com reports. The firm owned 78,855 shares of the exchange traded fund’s stock after selling 67,486 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,457,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MCF Advisors LLC boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 7.6% in the third quarter. MCF Advisors LLC now owns 5,697 shares of the exchange traded fund’s stock valued at $178,000 after purchasing an additional 403 shares in the last quarter. Midwest Trust Co boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 5.4% in the third quarter. Midwest Trust Co now owns 8,778 shares of the exchange traded fund’s stock valued at $274,000 after purchasing an additional 450 shares in the last quarter. Breakwater Capital Group boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 0.8% in the third quarter. Breakwater Capital Group now owns 66,919 shares of the exchange traded fund’s stock valued at $2,085,000 after acquiring an additional 555 shares during the period. Boyce & Associates Wealth Consulting Inc. boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 4.8% in 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 acquiring an additional 643 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 31.6% in the first quarter. Geneos Wealth Management Inc. now owns 2,882 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 692 shares during the period.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.5%

FNDA stock opened at $32.95 on Tuesday. The company has a market capitalization of $9.43 billion, a P/E ratio of 17.12 and a beta of 1.07. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $35.31. The business has a 50 day simple moving average of $33.48 and a 200-day simple moving average of $32.27.

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.