Schwab Fundamental International Small Cap Company Index ETF (NYSEARCA:FNDC) Sees Strong Trading Volume – Still a Buy?

Shares of Schwab Fundamental International Small Cap Company Index ETF (NYSEARCA:FNDC) saw an uptick in trading volume on Friday . 842,785 shares were traded during mid-day trading, an increase of 369% from the previous session’s volume of 179,598 shares.The stock last traded at $35.36 and had previously closed at $35.22.

Schwab Fundamental International Small Cap Company Index ETF Trading Up 0.7 %

The firm has a market capitalization of $3.34 billion, a P/E ratio of 11.74 and a beta of 0.86. The company has a 50 day simple moving average of $36.68 and a two-hundred day simple moving average of $36.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FNDC. Comerica Bank raised its holdings in shares of Schwab Fundamental International Small Cap Company Index ETF by 306.6% during the 1st quarter. Comerica Bank now owns 1,041 shares of the company’s stock worth $37,000 after acquiring an additional 785 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in shares of Schwab Fundamental International Small Cap Company Index ETF by 10.8% during the 2nd quarter. Hexagon Capital Partners LLC now owns 2,861 shares of the company’s stock worth $99,000 after acquiring an additional 280 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Schwab Fundamental International Small Cap Company Index ETF by 6.2% during the 2nd quarter. Versant Capital Management Inc now owns 5,560 shares of the company’s stock worth $193,000 after acquiring an additional 325 shares in the last quarter. Cahill Financial Advisors Inc. purchased a new stake in shares of Schwab Fundamental International Small Cap Company Index ETF during the 2nd quarter worth approximately $206,000. Finally, Captrust Financial Advisors purchased a new stake in shares of Schwab Fundamental International Small Cap Company Index ETF during the 3rd quarter worth approximately $215,000.

Schwab Fundamental International Small Cap Company Index ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks.