Lee Financial Co Trims Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Lee Financial Co lowered its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,378,488 shares of the company’s stock after selling 31,036 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 7.8% of Lee Financial Co’s portfolio, making the stock its 3rd largest position. Lee Financial Co’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $62,554,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $719,000. AQR Capital Management LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $739,000. Jane Street Group LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 39.9% during the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after purchasing an additional 25,267 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Schwab Fundamental U.S. Large Company ETF by 5.7% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 107,688 shares of the company’s stock valued at $2,643,000 after purchasing an additional 5,799 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 9.6% in the 2nd quarter. QRG Capital Management Inc. now owns 29,888 shares of the company’s stock valued at $733,000 after purchasing an additional 2,622 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA FNDX opened at $28.38 on Friday. The company has a market cap of $23.45 billion, a P/E ratio of 17.86 and a beta of 0.93. The business’s 50 day moving average price is $27.59 and its 200-day moving average price is $26.48. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $28.52.

About Schwab Fundamental U.S. Large Company ETF

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.