Cookson Peirce & Co. Inc. Purchases Shares of 8,592 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cookson Peirce & Co. Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,592 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mainstream Capital Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Mainstream Capital Management LLC now owns 9,612 shares of the company’s stock valued at $228,000 after purchasing an additional 6,408 shares in the last quarter. Westover Capital Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 52.4% in the 4th quarter. Westover Capital Advisors LLC now owns 11,474 shares of the company’s stock valued at $272,000 after purchasing an additional 3,946 shares in the last quarter. Exencial Wealth Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 193.4% in the 4th quarter. Exencial Wealth Advisors LLC now owns 192,469 shares of the company’s stock valued at $4,558,000 after purchasing an additional 126,860 shares in the last quarter. Burt Wealth Advisors raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.3% in the 4th quarter. Burt Wealth Advisors now owns 613,774 shares of the company’s stock valued at $14,534,000 after purchasing an additional 410,078 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after purchasing an additional 262,526,108 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.8 %

Shares of FNDX opened at $23.85 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The firm’s fifty day simple moving average is $24.33 and its 200-day simple moving average is $24.11. The firm has a market capitalization of $17.55 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00.

Schwab Fundamental U.S. Large Company Index 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.