Focus Financial Network Inc. Raises Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Focus Financial Network Inc. grew its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 95.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,155 shares of the exchange traded fund’s stock after purchasing an additional 10,800 shares during the period. Focus Financial Network Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $658,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 93.3% during the third quarter. CWM LLC now owns 5,691 shares of the exchange traded fund’s stock worth $339,000 after acquiring an additional 2,747 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 3rd quarter worth $225,000. Creative Planning increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.1% during the 3rd quarter. Creative Planning now owns 139,098 shares of the exchange traded fund’s stock worth $8,286,000 after purchasing an additional 4,236 shares during the last quarter. Clearview Wealth Advisors LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 10.7% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 6,739 shares of the exchange traded fund’s stock valued at $401,000 after buying an additional 654 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 12.0% in the third quarter. SeaCrest Wealth Management LLC now owns 6,229 shares of the exchange traded fund’s stock valued at $371,000 after buying an additional 666 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Price Performance

Shares of FNDA opened at $29.91 on Thursday. The firm has a 50-day simple moving average of $30.35 and a two-hundred day simple moving average of $29.93. The stock has a market cap of $4.40 billion, a PE ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.38 and a 1-year high of $32.71.

Schwab Fundamental U.S. Small Company Index ETF Company Profile

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.