Everest Financial Group LLC Takes $538,000 Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Everest Financial Group LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,327 shares of the company’s stock, valued at approximately $538,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Waverly Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 17.3% during the 1st quarter. Waverly Advisors LLC now owns 60,896 shares of the company’s stock worth $1,696,000 after purchasing an additional 8,974 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $3,038,000. Compound Planning Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $358,000. RMG Wealth Management LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at approximately $102,000. Finally, Sei Investments Co. raised its position in Schwab Fundamental U.S. Large Company ETF by 169.8% in the first quarter. Sei Investments Co. now owns 31,527 shares of the company’s stock valued at $878,000 after purchasing an additional 19,841 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $31.52 on Monday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.27 and a 52 week high of $31.78. The stock’s fifty day moving average is $31.10 and its two-hundred day moving average is $29.55. The stock has a market capitalization of $26.53 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

Schwab Fundamental U.S. Large Company ETF Company 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.