Schwab Fundamental International Small Cap Company Index ETF (NYSEARCA:FNDC) Stock Price Down 0.6% – Here’s Why

Schwab Fundamental International Small Cap Company Index ETF (NYSEARCA:FNDC) shares were down 0.6% during trading on Wednesday . The stock traded as low as $33.69 and last traded at $33.89. Approximately 269,407 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 170,461 shares. The stock had previously closed at $34.11.

Schwab Fundamental International Small Cap Company Index ETF Stock Down 0.6 %

The company has a market capitalization of $3.19 billion, a P/E ratio of 11.74 and a beta of 0.86. The company has a 50 day simple moving average of $35.21 and a two-hundred day simple moving average of $35.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new stake in shares of Schwab Fundamental International Small Cap Company Index ETF in the 3rd quarter worth about $4,085,000. Hardin Capital Partners LLC purchased a new stake in shares of Schwab Fundamental International Small Cap Company Index ETF in the second quarter worth approximately $570,000. Cahill Financial Advisors Inc. bought a new stake in shares of Schwab Fundamental International Small Cap Company Index ETF during the 2nd quarter worth approximately $206,000. Captrust Financial Advisors purchased a new position in Schwab Fundamental International Small Cap Company Index ETF during the 3rd quarter valued at $215,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in Schwab Fundamental International Small Cap Company Index ETF by 2.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 77,683 shares of the company’s stock valued at $2,964,000 after acquiring an additional 2,187 shares during the period.

About Schwab Fundamental International Small Cap Company Index ETF

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.